Health insurance
CoverGo Claims offers real-time data integration for insurers
CoverGo Claims offers real-time data integration for insurers
CoverGo also said the platform reduces operational costs.
India’s GST cut may lower health, life insurance costs
Currently, an 18% GST is applied to premiums for health and life insurance.
Oona Insurance teams with GoPay for health access
Two insurance plans are offered.
20 private Indian insurers struggle with claim payouts
Only four insurers achieved a claim-paid ratio exceeding 90% in terms of the number of claims processed.
ASEAN insurers struggle with quality, and accessibility in healthcare
Private health insurance was valued at approximately $7.5b in 2023.
AIA’s medical plan introduces first-in-market rewards system
The plan integrates Signature Healthcare Circle, concierge services, and personalised health programmes.
7 in 10 Gen Zs doubt health in old age
Prudential emphasised the role of financial planning to manage future healthcare costs.
Individual health claims rise 29.3% as overall payouts dip in Indonesia
Surrender claims and death claims fell by 13.5% YoY.
South Korean insurers brace for profit squeeze amidst rate cuts
Direct premiums from long-term products contributed to a 3.7% increase in 2023.
3 in 10 diabetics struggle to afford appropriate care, coverage
Mental health is also affected, as 65% of diabetics report negative impacts.
Philippines urges HMOs to adopt PFRS 17 by 2027
HMOs shall not be precluded from early implementation.
SG expands MediShield Life healthcare coverage, raises premium subsidies
The government will expand coverage for mental health and outpatient services and provide premium top-ups.
Over 38% of Indians remain uninsured despite sector growth
An estimated 14% of the population opts for private voluntary health insurance.
Everest launches AI-powered health insurance in Singapore
The AI streamlines the matching of patients with physicians.
Niva Bupa Health’s IPO opens today, closes 11 Nov
The healthcare insurer has set a price range of ₹70 to ₹74 per share.
Six in 10 in HK without critical illness insurance
Yet, only 67% would take concrete actions.
AIA Singapore, Whitecoat expand partnership to address healthcare affordability
Medical costs in Singapore are set to rise nearly 10.7% in 2024.
Commentary
Why expanding embedded insurance is Asian telcos’ next differentiator