Tag: india health insurance

India aligns itself for largest health care overhaul the world has ever seen

Marc
India health care overhaul - Flag of India

The country is completely reforming its medical care quality, availability and reduce mortality. India is in the midst of a massive health care overhaul that will become the largest in the world once complete. The goal is to help to ensure health care is available to everyone in the country, not just the wealthy. At the moment, the richest people across the country have ready access to health care. In fact, they can even experience the medical care they need in a luxury resort-style facility. The goal of the health…

Read More

New mandatory cashless health insurance requirement implemented in Punjab

Julie Campbell
india online senior cashless health insurance

The government of the northern Indian state has now announced that this program is mandatory for its employees. The Punjab government has now announced that it is making its cashless health insurance program a mandatory form of coverage for all of its employees as well as for pensioners. The strategy is meant to help to make sure that coverage is protecting current and retired workers. According to a spokesperson from the Punjab government, it “has notified the cashless health insurance scheme which has been made mandatory for all the government…

Read More

World’s largest health insurance program to take form in India

Nordstrom
india online senior cashless health insurance

Indian government is working on transforming the country’s health care system The Indian government is planning to create the world’s largest health insurance program. A recent, significant shift in government has brought more attention to India’s health care sector, as well as other sectors. The new government is eager to address what it perceives to be problems in the country’s health care structure and will be working with the insurance industry in order to do so. Prime Minister Narendra Modi unveiled plans for this ambitious program during a recent conference…

Read More

Health care reform in India inspired by Obamacare

G. Turner
India Health Care Reform Narendra Modi

The Narendra Modi government is hoping to implement a universal insurance program for the country. The Prime Minister of India, Narendra Modi, has announced that his government is now preparing for health care reform across the country in the hopes of creating a “complete transformation” of the current medical sector. The universal health insurance program will be personally supervised by Prime Minister Modi. As this health care reform begins, it will represent the largest of its kind that the world has ever seen. The purpose will be to ensure that…

Read More

India’s RSBY program taking advantage of consumers

Nordstrom
India life insurance

RSBY program subject to World Health Organization study India may be home to a robust health insurance market, but its consumers may be falling victim to exploitation, according to a new study sponsored by the World Health Organization. The study focuses on the Rashtriya Swasthya Bima Yojana (RSBY) program, which is a health insurance initiative sponsored by the Indian government. The RSBY program is designed to provide poor citizens with access to health insurance policies that are affordable, yet comprehensive. Consumers may actually be paying much more for this insurance…

Read More

Health and accident insurance in India to skyrocket by 22 percent by 2015

H. Cutner

According to a report just released by BRICdata, the health and accident insurance market in India is expected to keep up its trend toward massive growth, and will see an increase of 22 percent over a span of 5 years. The anticipated rise, along with the lower need for capital will form an appealing marketplace for new firms to start to take their place. The report also explained that the environment may also be quite attractive for new startups, as well. Though the market is currently dominated by insurance providers…

Read More

Berkshire India announces intentions to sell either health or life insurance

H. Cutner

A branch of Berkshire Hathaway – a firm owned by Warren Buffet – called Berkshire India has announced that it will be selling either Bajaj Allianz life or health insurance products to consumers in India. Bajaj Allianz corporate agent, Berkshire India is already providing retail customers with online travel and auto insurance products through its distribution website. However, according to Arun Balakrishnan, the CEO of BerkshireInsurance.com, within the upcoming six months, the insurer plans “to launch one more product which would be either health insurance or term life product.” Their…

Read More