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Is Health Insurance Tax Relief Coming?

 Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com  ......

LIC eyes less than 50% stake in standalone health insurance company

 State-owned Life Insurance Corporation (LIC) is not keen on a composite license but it is looking to buy less than 50 per cent stake in a standalone health insurance company to enter the health......

Will GST Council cut taxes on insurance premium?

 The GST rate is also proposed to be cut on food delivery platforms like Swiggy and Zomato, to 5 per cent from the current 18 per cent. Illustration: Dominic Xavier/Rediff.com The GST Council, in......

Why health insurance premiums are set to rise

 The rise in premiums could be in the range of 5-25 per cent, depending on the features that each insurance company adds on its products. Health insurance premiums are set to rise as non-life......

Ayushman Bharat's 70+ coverage: Minimal impact expected on health insurers

 Industry experts believe that health insurance companies are unlikely to experience business cannibalisation due to the central government’s decision to extend health coverage to people aged......

Medical inflation, high coverage drive up ticket sizes for retail health insurers

 The average ticket size of retail health insurance in India has increased by nearly 48 per cent over 6 years due to elevated medical inflation and increased demand for higher coverage policies......

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