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In June 2019, HDFC announced plans to acquire a 51.2 percent stake in Apollo Munich Health Insurance and later merged it with its general insurance arm, HDFC ERGO. [4] In 2020, HDFC Ergo Health Insurance( earlier known as Apollo Munich Health Insurance) [4] merged with the company after the receipt of final approval from the Insurance ...
Policy price range: Insurance companies offer health insurance from a sum insured of ₹ 5,000 [11] for micro-insurance policies to a higher sum insured of ₹ 5 million (US$58,000) and above. The common insurance policies for health insurance are usually available from ₹ 100,000 (US$1,200) to ₹ 500,000 (US$5,800).
By 2017, it was the country's third-largest private sector life insurance company [6] with a 16.5 percent share of total private-sector premiums for the Financial Year 2017 and fourth largest in the life insurance industry based on premium earned and had 66,372 individual agents across India, comprising 6.8 percent of total private agents in ...
HDFC International Life and Re Company Limited (HDFC International Life & Re) is a first life reinsurance company based in the Dubai International Financial Centre (DIFC), UAE. [ 1 ] It is a wholly owned international subsidiary of HDFC Life and was incorporated on 10 January 2016 under the previous Companies Law DIFC Law No. 2 of 2009 ...
With rise in cost sharing, hospitals are collecting more money directly from the patients; from 2011 to 2014, the number of consumer payments to health care providers increased 193 percent according to a study by to the "Trends in Healthcare Payments Fifth Annual Report: 2014" from InstaMed. [36]
Niva Bupa Health Insurance was founded in 2008 as a joint venture between Max India and Bupa and started operations in 2010. [2] [3]In Jun 2011, it integrated with Insurance Regulatory and Development Authority's Integrated Grievance Management System in real-time, which made the company the first health insurance company in India to have such a system.
ET Money is an Indian fintech and wealth management platform which was founded in 2015 . [2] It offers a variety of financial products and services, including mutual funds, insurance, fixed deposits, NPS and SIPs. [3]
The new findings were based on an analysis of health insurance claims data from more than 4,000 hospitals in 49 states and Washington, D.C., from 2020 through 2022. ... a health care cost analyst ...