International Comparison of Health Systems
The performance of healthcare systems varies significantly across countries. Factors such as access to care, quality of care, and health outcomes are often used to compare health systems internationally.
Key Indicators:
- Life Expectancy: Average number of years a person is expected to live.
- Infant Mortality Rate: Number of deaths per 1,000 live births.
- Mortality Amenable to Healthcare: Deaths from conditions that are treatable with timely and effective healthcare.
- Patient Satisfaction: Patients’ perceived quality of care and satisfaction with healthcare services.
- Healthcare Spending: Percentage of GDP spent on healthcare.
Country Comparison:
- United States:
- High healthcare spending (17.1% of GDP)
- Average life expectancy (78.7 years)
- High infant mortality rate (5.8 per 1,000 live births)
- Canada:
- Universal healthcare system
- Lower healthcare spending (10.4% of GDP)
- Higher life expectancy (81.9 years)
- Lower infant mortality rate (4.5 per 1,000 live births)
- United Kingdom:
- National Health Service (NHS) provides universal coverage
- Lower healthcare spending (9.8% of GDP)
- Higher life expectancy (80.7 years)
- Lower infant mortality rate (3.9 per 1,000 live births)
- Australia:
- Mixed public-private healthcare system
- Higher healthcare spending (9.5% of GDP)
- Higher life expectancy (82.5 years)
- Lower infant mortality rate (3.2 per 1,000 live births)
- Japan:
- Universal healthcare system
- High life expectancy (84.7 years)
- Low infant mortality rate (2.1 per 1,000 live births)
- High healthcare spending (11.4% of GDP)
Common Challenges:
- Aging Populations: Increasing demand for healthcare services.
- Rising Healthcare Costs: Balancing quality and affordability.
- Health Inequalities: Disparities in access to care and health outcomes.
- Workforce Shortages: Attracting and retaining healthcare professionals.
Best Practices:
- Primary Care: Emphasizing preventive care and community-based services.
- Integrated Care: Coordinating care across settings and providers.
- Patient-Centered Care: Focusing on patient needs and preferences.
- Innovative Technologies: Leveraging digital health and data analytics to improve care.
- High healthcare spending (17.1% of GDP)
- Average life expectancy (78.7 years)
- High infant mortality rate (5.8 per 1,000 live births)
- Universal healthcare system
- Lower healthcare spending (10.4% of GDP)
- Higher life expectancy (81.9 years)
- Lower infant mortality rate (4.5 per 1,000 live births)
- National Health Service (NHS) provides universal coverage
- Lower healthcare spending (9.8% of GDP)
- Higher life expectancy (80.7 years)
- Lower infant mortality rate (3.9 per 1,000 live births)
- Mixed public-private healthcare system
- Higher healthcare spending (9.5% of GDP)
- Higher life expectancy (82.5 years)
- Lower infant mortality rate (3.2 per 1,000 live births)
- Universal healthcare system
- High life expectancy (84.7 years)
- Low infant mortality rate (2.1 per 1,000 live births)
- High healthcare spending (11.4% of GDP)
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Key Provisions:
- 100% Foreign Direct Investment (FDI) in insurance intermediaries
- Enhanced powers to the Insurance Regulatory and Development Authority of India (IRDAI)
- Implications for the Indian insurance sector
100% FDI:
- Allows full foreign ownership in insurance intermediaries such as brokers, third-party administrators, and surveyors
- Expected to attract more foreign investment into the sector
IRDAI Powers:
- IRDAI to have more regulatory control over the insurance sector
- Powers to regulate and supervise insurance companies, intermediaries, and other stakeholders
- Ability to impose penalties and take enforcement actions against non-compliant entities
What It Means for India:
- Increased foreign investment in the insurance sector
- Enhanced regulatory framework for the insurance industry
- Potential for increased insurance penetration and density in India
- Improved consumer protection and dispute resolution mechanisms
- Opportunities for growth and development of the Indian insurance market
The New Insurance Bill, 2025, also known as the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, is a significant milestone in India's financial sector reforms. The Bill aims to modernize India's insurance ecosystem, expand coverage, and strengthen regulatory oversight. It was approved by the Union Cabinet and is set to be introduced in Parliament. The Bill's primary objectives are to deepen insurance penetration across India, attract long-term domestic and foreign investment,...
Centre Considers Significant Overhaul of Public Sector General Insurers, Including Merger or Privatization Options
The Union finance ministry is considering major restructuring options for three public sector general insurance companies in India: National Insurance Company, Oriental Insurance Company, and United India Insurance Company. The potential options include merging two of these companies with New India Assurance, a profitable and listed insurer, merging all three state-owned entities, or merging two while preparing the third for privatization. This move aligns with the government's policy to limit...
Swift settlement of insurance claims brings relief to 170 families of J&K Bank customers.
Jammu and Kashmir Bank has demonstrated its commitment to customer welfare and financial security by facilitating the swift settlement of insurance claims under the MetLoan & Life Suraksha (MLLS) scheme. The bank has paid out claims worth 8.81 crores to 170 families in its Jammu Zone, providing them with much-needed financial relief during a difficult time. The MLLS scheme is a life insurance product that covers the outstanding loan amount in the event of a borrower's untimely demise, thereby...
Health insurers fuel non-life premium growth due to GST benefits.
The non-life insurance industry in India experienced a significant boost in December, with a 14% year-on-year increase in gross direct premium collections, reaching ₹28,446.82 crore. This growth is the second-strongest monthly expansion in the industry, following a substantial 24.2% jump in November. The main driver behind this surge was the performance of standalone health insurers, which reported a 39% year-on-year rise in premiums, reaching ₹4,260.10 crore. Star Health and Allied Insurance,...
TATA AIA AURA: Shaping India’s Next Generation of Insurance Entrepreneurs – APN News
The role of insurance advisors in India is undergoing a significant transformation, with many young professionals now viewing it as a viable entrepreneurial opportunity. Tata AIA, a leading life insurance company in India, is at the forefront of this change with its platform, Tata AIA AURA. The platform aims to empower the next generation of advisors to drive growth and awareness in the insurance sector, particularly in underserved areas. With over 31.5 lakh life insurance advisors in India,...
Royal Sundaram Celebrates a Quarter Century of Delivering Reliability, Compassion, and Innovative Insurance Solutions
Royal Sundaram, a private general insurer, is celebrating its 25-year milestone in the Indian insurance industry. Since its inception in 2000, the company has consistently demonstrated its commitment to simplifying insurance and making it more accessible to millions of customers across the country. With a strong foundation built on trust, transparency, and long-term relationships, Royal Sundaram has protected over 2 crore customers across various insurance segments, including motor, health,...
Tata Consultancy Services (TCS) has expanded its partnership with Aviva in the UK.
Tata Consultancy Services (TCS) has expanded its partnership with Aviva, a leading insurance, wealth, and retirement provider in the UK. As part of the agreement, TCS' subsidiary, Diligenta, will manage an additional 1.1 million Aviva policies in the UK, bringing the total number of policies managed to 6.5 million. The expanded partnership aims to provide transformed services, experiences, and outcomes for Aviva's customers, leveraging TCS' expertise in digital transformation and...
India’s Health Insurance Revolution: Insurers Now Prioritize Your Well-being with Preventive Care and Substantial Savings!
The Indian healthcare system is facing a significant challenge due to rising healthcare costs and the burden of out-of-pocket expenses, which account for over 60% of total healthcare spending. Traditional health insurance in India has primarily focused on hospitalization, leaving everyday medical needs uncovered. However, a strategic shift is underway, with insurers prioritizing preventive care and wellness. Mayank Bathwal, CEO of Aditya Birla Health Insurance, explains that this shift is...
ManipalCigna Diwali campaign tackles India’s health insurance gap
As India celebrates the festival of Diwali, ManipalCigna Health Insurance has launched a new campaign titled "Health Insurance Jiske Paas, Lakshmi Maa Karein Waha Niwaas," which translates to "Where there is health insurance, Goddess Lakshmi resides." The campaign aims to remind people that while wealth and prosperity are essential, they can only be truly enjoyed when health is protected. During Diwali, families often focus on decorating their homes, buying gifts, and welcoming Goddess...
TCS Strengthens Partnership with Aviva UK to Enhance Life and Pensions Customer Experience – FF News | Fintech Finance
Tata Consultancy Services (TCS) has strengthened its partnership with Aviva UK, a leading insurance company, to enhance the life and pensions customer experience. The partnership aims to leverage TCS' technology expertise and Aviva's industry knowledge to create a more seamless and personalized experience for Aviva's customers. As part of the partnership, TCS will provide Aviva with its proprietary technology platform, which will enable the company to streamline its operations, improve...
Odisha government to release standard operating procedure for expediting accident insurance claims settlement
The Odisha State Road Transport Corporation (OSRTC) has empanelled five leading insurance companies to provide coverage for road accidents. These companies include New India Assurance Co Ltd, Iffco-Tokio General Insurance, Oriental Insurance Co Ltd, United India Insurance Co Ltd, and Go Digit General Insurance. Initially, Go Digit General Insurance was the primary service provider, but New India Assurance Co Ltd and Oriental Insurance Co Ltd have since taken over claim settlements. As of the...
Tata Consultancy Services (TCS) has expanded its partnership with UK-based investment firm Aviva, taking on the management of an additional 1.1 million policies.
Tata Consultancy Services (TCS) has strengthened its partnership with UK-based investment firm Aviva to manage an additional 1.1 million policies. This expansion is part of a long-standing relationship between the two companies, with TCS already handling a significant portion of Aviva's policy administration. Under the terms of the agreement, TCS will provide end-to-end policy administration services for Aviva's UK and Ireland business, including underwriting, claims processing, and customer...
PNB MetLife has partnered with Shivalik Bank to expand its rural coverage.
To effectively promote your company and foster meaningful connections with your customers, we offer a multifaceted approach. Our team is dedicated to assisting you in designing and implementing a comprehensive advertising campaign, seamlessly integrating both print and digital media across our website and print magazine. This strategic collaboration enables you to reach a broader audience, enhancing your brand's visibility and resonance. Furthermore, we specialize in organizing events that can...
The Insurance Amendment Bill has been passed, and this development is set to bring about significant changes that will impact policyholders. The amendments introduced by the bill are designed to strengthen the regulatory framework of the insurance sector, enhance customer protection, and promote transparency and accountability among insurance providers.One of the key changes brought about by the bill is the enhancement of policyholder protection. The amendments aim to ensure that policyholders are treated fairly and that their rights are protected. This includes provisions for clearer and more transparent policy documentation, ensuring that policyholders understand what they are covered for and what exclusions apply.Another significant aspect of the bill is the introduction of stricter regulations for insurance companies. The amendments impose stricter capital adequacy requirements, designed to ensure that insurance companies have sufficient financial resources to meet their obligations to policyholders. This move is intended to enhance the stability of the insurance sector and reduce the risk of insurer insolvency.The bill also introduces measures to improve the dispute resolution process for policyholders. The amendments provide for a more efficient and cost-effective mechanism for resolving disputes between policyholders and insurance companies, aiming to reduce the time and expense associated with legal action.Furthermore, the Insurance Amendment Bill promotes greater transparency and disclosure by insurance companies. The amendments require insurance companies to provide policyholders with more detailed information about their policies, including terms and conditions, premiums, and claims procedures. This increased transparency is expected to empower policyholders to make more informed decisions about their insurance coverage.The passing of the Insurance Amendment Bill is a significant development for the insurance sector, and its impact will be closely watched by policyholders, insurance companies, and regulatory bodies alike. As the amendments come into effect, policyholders can expect to see changes in the way insurance companies operate, with a greater emphasis on transparency, accountability, and customer protection.
The Lok Sabha has passed the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, which aims to improve the insurance sector by allowing up to 100% foreign direct investment (FDI). The government believes that this move will increase competition, capital availability, and affordability for policyholders. Finance Minister Nirmala Sitharaman stated that removing the FDI cap will attract long-term capital, global technology, and risk management practices, leading to more competitive...
The US House of Representatives has voted to reinstate subsidies for the Affordable Care Act, also known as Obamacare, in a move that goes against the stance of President Donald Trump. The decision to revive the subsidies aims to stabilize the healthcare market and make insurance more affordable for millions of Americans. The vote marks a significant break between the House and the Trump administration, which had previously halted the subsidy payments. The subsidies in question are used to help low-income individuals pay for out-of-pocket healthcare expenses, such as deductibles and copays. By reinstating these subsidies, the House hopes to reduce the financial burden on these individuals and encourage more people to enroll in health insurance plans. The move is seen as a crucial step in maintaining the stability of the healthcare market and ensuring that Americans have access to affordable healthcare options.
The US House of Representatives has passed legislation to re-establish tax credits that lowered premiums for Affordable Care Act (ACA) health plans. The bill, which was passed with a vote of 230-196, would extend the credits for three years. All Democrats voted in favor of the measure, along with 17 Republicans, many of whom were moderates who wanted to prevent a hike in healthcare costs for their constituents. The tax credits were first created under Joe Biden but expired at the end of last...
New Insurance Bill 2025: Key Features Include 100% FDI, Enhanced Protection for Policyholders, and More in Sabka Bima Sabki Raksha Bill
The Indian government has introduced the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, aiming to revolutionize the country's insurance sector. The bill proposes significant changes to the Insurance Act, 1938, the LIC Act, 1956, and the IRDA Act, 1999, with the goal of achieving universal protection by 2047. Key features of the bill include raising foreign direct investment (FDI) in the insurance sector from 74% to 100%, with the condition that one of the top officials must...
Tata Consultancy has expanded its partnership with Aviva.
Tata Consultancy Services (TCS) has announced an expansion of its partnership with Aviva UK, a leading insurance, wealth, and retirement provider in the UK. The partnership will see TCS' subsidiary, Diligenta UK, manage over 6.5 million policies on behalf of Aviva, including an additional portfolio of life insurance business. This expansion is a testament to the long-standing trust and commitment between TCS and Aviva, with a focus on delivering a customer-centric approach to digitization. The...
Aviva tops the 2025 UK Commercial Insurance Broker Survey as the market leader.
Aviva has received high praise from brokers in the 2025 UK Commercial Insurance Broker Survey conducted by GlobalData. The survey found that Aviva led the market in 10 out of 12 categories, including underwriting flexibility, digital capabilities, and AI integration. These elements are crucial in the rapidly changing insurance landscape, and Aviva's performance reinforces its position as a preferred partner for brokers. The survey also highlighted the importance of affordability, with 28.4% of...
Finance Ministry considers consolidating state-run insurance companies: Rediff Moneynews
The Indian Finance Ministry is reconsidering a proposal to merge three state-owned general insurance companies - Oriental Insurance, National Insurance, and United India Insurance - into a single entity. This decision comes after the companies' financial health has improved following a capital infusion of Rs 17,450 crore between 2019-20 and 2021-22. The government had initially announced plans to merge the companies in 2018, but dropped the idea in 2020 in favor of a capital infusion. The...
Dengue cases have increased by 66% in the past 5 years, with South India experiencing the highest spike, according to ManipalCigna Health Insurance.
According to a report by ManipalCigna Health Insurance, dengue cases in India have seen a significant rise of 66% over the past five years. The data reveals that South India has been the worst-affected region, accounting for the majority of the cases. The report highlights the growing concern of dengue fever in the country, which is a mosquito-borne disease that can be life-threatening if not treated promptly. The report analyzed data from 2017 to 2022 and found that the number of dengue cases...
Tata AIA Premier SIP emerged as a leading ULIP choice in 2025 for goal-based and systematic investment planning.
Tata AIA Life Insurance has seen growing adoption of its Premier SIP among investors focused on goal-based investing in 2025. This Unit Linked Insurance Plan (ULIP) combines life insurance coverage with market-linked investment opportunities, allowing investors to pursue wealth accumulation while ensuring financial security for their families. The plan has several key features, including zero allocation charges, a premium waiver benefit, and comprehensive wellness support. The Premier SIP is...
CESTAT Rules Services Received Before Restrictive Definition Applied
The Chennai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has allowed an appeal by M/s. Royal Sundaram Alliance Insurance Company Limited, ruling that credit cannot be denied on grounds not raised in the Show Cause Notice. The dispute arose over the denial of CENVAT credit on service tax paid for vehicle repair claims for the period April 2011 to September 2011. The department had denied credit, citing an amendment to the definition of "input services" in the CENVAT...
New Mexico congresswoman celebrates House passage of health care insurance subsidies.
New Mexico Congresswoman Teresa Leger Fernandez is celebrating the passage of a bill in the US House of Representatives that extends health care insurance subsidies for millions of Americans. The bill, which was passed with bipartisan support, aims to reduce the cost of health insurance premiums for individuals and families who purchase coverage through the Affordable Care Act (ACA) marketplaces. The subsidies, which were introduced as part of the American Rescue Plan Act in 2021, have helped...
The US House of Representatives has passed a bill that extends health care subsidies, going against the wishes of GOP leaders, as reported by The Washington Post.
The US House of Representatives has passed a bill that extends health care subsidies, despite opposition from Republican leaders. The bill, which aims to continue the increased subsidies provided under the American Rescue Plan Act, is seen as a significant development in the ongoing debate over healthcare in the United States. The American Rescue Plan Act, passed in 2021, increased subsidies for individuals and families purchasing health insurance through the Affordable Care Act (ACA)...
Aviva Life Insurance introduces Smart Vitals, a pioneering fixed health benefit plan that incorporates wellness rewards.
Aviva Life Insurance has introduced a novel insurance plan called Smart Vitals, a first-of-its-kind fixed health benefit plan that incorporates wellness rewards. This innovative plan is designed to provide policyholders with a comprehensive health insurance coverage, while also encouraging them to prioritize their well-being through various wellness initiatives. Smart Vitals offers a unique blend of fixed health benefits and wellness rewards, making it an attractive option for individuals...
Bihar State Co-operative Bank (StCB) and IFFCO-Tokio General Insurance have signed a Memorandum of Understanding (MoU).
A significant milestone was achieved in the cooperative sector with the signing of a Memorandum of Understanding (MoU) between the Bihar State Cooperative Bank and IFFCO-Tokio General Insurance. The agreement aims to increase insurance coverage among customers, cooperative societies, and members across the state of Bihar. The MoU was signed in the presence of the State Minister for Cooperation, who highlighted the importance of insurance as a crucial tool for financial security and risk...
Alpental ski area has opened and introduced a new high-speed chairlift, named the Edelweiss chairlift.
The Summit at Snoqualmie's Alpental ski area has opened for the season, introducing the new Edelweiss triple chairlift, also known as Chair 2. This Doppelmayr lift replaces the original 1967 Riblet double lift and aims to enhance access to Alpental's highest point on Denny Mountain. The upgrade is expected to improve reliability and speed, allowing ski patrol to conduct necessary avalanche mitigation work more efficiently, thereby opening up more of the mountain to skiers. The Edelweiss Triple...
Aviva Life Insurance has introduced Smart Vital, a pioneering fixed health benefit plan that incorporates wellness rewards, as reported by Magzter.
Aviva Life Insurance has introduced a groundbreaking fixed health benefit plan called Smart Vital. This innovative plan is designed to provide policyholders with a comprehensive health insurance solution that not only covers medical expenses but also encourages wellness and rewards healthy habits. Smart Vital is a first-of-its-kind plan that offers a fixed benefit payout for specified medical procedures and illnesses, ensuring that policyholders receive a predetermined amount to cover their...
100% Foreign Direct Investment (FDI) and reinsurance relief are expected to bolster India’s insurance sector, fostering growth, and increasing competitiveness.
The Indian insurance sector is poised for significant growth following the passage of the Insurance Laws (Amendment) Bill, 2025, by Parliament. The bill allows for 100% foreign direct investment (FDI) in insurance companies, up from the previous limit of 74%. This increase is expected to improve access to capital, support solvency requirements, and boost competition in the sector. The reforms will particularly benefit smaller and mid-sized insurers, which have historically faced capital...
Shivalik Bank and PNB MetLife have partnered to offer insurance services.
Shivalik Small Finance Bank has partnered with PNB MetLife to offer life insurance solutions to customers in rural and semi-urban areas of India. This partnership aims to expand access to insurance products in underserved markets, providing over one million existing and prospective customers of Shivalik Bank with a range of life insurance solutions. These solutions include savings, protection, and retirement plans, which will be made available through Shivalik Bank's network of 79 branches and...
Tata AIA Premier SIP Gains Traction as ULIP Investors Seek Stable, Long-Term Growth Options
Tata AIA Premier SIP has been gaining traction among investors, particularly those who are seeking stable and long-term growth options. This shift in interest can be attributed to the growing demand for unit-linked insurance plans (ULIPs) that offer a balance between risk and returns. ULIPs have undergone significant changes over the years, and today, they are designed to provide policyholders with a range of benefits, including life insurance coverage, flexibility in investment options, and...
Aditya Birla Introduces Super Term Plan Offering Health Services and Flexible Coverage Options
Aditya Birla Sun Life Insurance Company Limited (ABSLI) has launched a new term insurance plan called the ABSLI Super Term Plan. This comprehensive plan offers an all-in-one solution that combines life protection with built-in health management services, providing policyholders with enhanced flexibility and financial security. The plan offers three coverage options: Level Cover, Increasing Cover, and Level Cover with Return of Premium. These options allow policyholders to choose from a fixed...
No cashless insurance will be available in 15,000 hospitals from September 1 for policyholders of two specific companies, according to an insurance body announcement, raising concerns about the future of health insurance for affected policyholders.
The General Insurance Council (GI Council) has criticized the Association of Healthcare Providers (India) (AHPI) for deciding to stop cashless treatment to policyholders of two insurance companies, Bajaj Allianz General Insurance and Care Health Insurance. The GI Council has termed the decision as arbitrary, stating that it will create massive confusion among policyholders and undermine the sanctity of human life, especially in emergency hospitalization situations. The council has urged AHPI...
Policy Changes Bring Renewed Focus on High-Deductible Health Plans
The Affordable Care Act's (ACA) enhanced premium tax credits are set to expire, and recent policy changes, including the expansion of hardship exemptions for catastrophic plans and changes to health savings account (HSA) eligibility, may significantly impact ACA Marketplace enrollment and affordability in 2026 and beyond. Bronze and catastrophic plans, which have lower premiums but higher deductibles, may become more appealing to consumers. Bronze plans, one of the four "metal levels" of...
Subsidies won’t fix America’s health care ‘crisis’ – The Hill
The US healthcare system is often criticized for being overly expensive and inaccessible to many Americans. In an effort to address these issues, some policymakers have proposed increasing subsidies to help individuals and families afford healthcare. However, this approach may not be the most effective solution to the country's healthcare "crisis." Proponents of subsidies argue that they can help reduce the financial burden of healthcare costs, making it more affordable for people to access...
Lawmakers Set to Address Education Overhaul and Healthcare Reform
The Vermont state legislature has returned to session, facing significant challenges in addressing the state's affordability crisis. With revenues largely flat and some areas declining, lawmakers must reform systems driving up costs, including rising property taxes and soaring healthcare costs. The state's financial outlook is bleak, with a potential 12% property tax increase forecast for 2026. To mitigate this, lawmakers will need to find nearly $200 million to offset the increase. Education...
Kamlesh Jobanputra has been appointed as the Chief Technology and Data Officer at Edelweiss Life Insurance.
Kamlesh is a seasoned professional with a proven track record of holding key leadership positions in various organizations. Throughout his career, he has worked with renowned companies such as Kotak Life, IDBI Federal Life Insurance, ICICI Prudential Life Insurance Company Limited, NSEIT Limited, and Bitsoft. In each of these roles, Kamlesh has demonstrated his ability to shape and transform enterprise-wide technology ecosystems, driving business growth through data-driven strategies and...
Axa’s retail direct director is leaving to rejoin Aviva.
David Pearce, a former director at Axa, has announced that he will be leaving the company after four years to rejoin Aviva, where he previously worked for over 15 years. Pearce first joined Aviva in 2005 as a claims handler and worked his way up to become the head of retail for new business trading in 2020. He left Aviva in 2022 to join Axa as its director for retail direct, a role he held until December 2025. In a LinkedIn post, Pearce expressed his gratitude to his team at Axa, stating that...
The Tamil Nadu government has extended the health insurance scheme for its employees for another year.
The Tamil Nadu government has extended the New Health Insurance Scheme, 2021, for its employees by another year, from July 1, 2025, to June 30, 2026. The scheme, which was set to expire on June 30, 2025, provides health insurance coverage to government employees and their families. The insurance cover is capped at ₹5 lakh for families of all insured employees, with an additional ₹5 lakh for specified illnesses. The extension of the scheme is as per the existing terms and conditions of the...
Several states offer their own health insurance subsidies to help residents afford health coverage. These states include:* California * Colorado * Connecticut * District of Columbia * Maryland * Massachusetts * Minnesota * New Jersey * New York * VermontThese state-based subsidies can be used in conjunction with federal subsidies to help reduce the cost of health insurance premiums.
Several states in the US offer their own health insurance subsidies to help residents afford health coverage. These subsidies are in addition to the federal subsidies available under the Affordable Care Act (ACA). The states that offer their own subsidies are: California: California offers a state-based subsidy program called the California Premium Subsidy, which provides additional financial assistance to low- and moderate-income individuals and families who purchase health insurance through...
PNB MetLife has expanded its FutureReady skilling program to empower youth in Chennai, India, as part of its corporate social responsibility (CSR) initiative.
PNB MetLife India Insurance Company Limited has launched a CSR initiative called "FutureReady – Skilling for Employability" in partnership with AIC GUSEC and Xcelevate Skills Foundation. The program aims to empower underprivileged youth with 21st-century skills and support social-impact startups to create inclusive livelihood opportunities. The initiative has selected 29 beneficiaries from over 750 nominations, with 23 students from Tamil Nadu and the remaining from Delhi, Uttar Pradesh,...
The average value of a handbag and its contents has risen by approximately 33%.
The average value of a handbag and its contents has increased by 34% over the last four years, from £1,217 in 2021 to £1,633 in 2025, according to Aviva's claims data. This rise is likely due to people investing in more expensive handbags and valuables. The data also reveals that theft away from home accounts for almost half (49%) of all handbag claims, while accidental damage accounts for 38% of claims. Some of the most common types of handbag claims include theft, accidental damage, and loss...
PNB MetLife has broadened its reach through a partnership with Shivalik Bank.
PNB MetLife India Insurance has recently formed a strategic partnership with Shivalik Small Finance Bank, aiming to expand its insurance reach in semi-urban and rural areas of India. This alliance will provide access to PNB MetLife's diverse range of life insurance products, including savings, protection, and retirement plans, to over one million existing and potential customers of Shivalik Bank. The partnership is expected to strengthen PNB MetLife's efforts to serve underserved markets in...
In the United States, citizens are experiencing a significant surge in healthcare costs due to the ongoing Republican healthcare crisis, as reported by the Democratic Senatorial Campaign Committee (dscc.org).
The Democratic Senatorial Campaign Committee (DSCC) has released a report highlighting the devastating effects of the Republican-led healthcare crisis on American families. The report emphasizes that the GOP's actions have led to skyrocketing healthcare costs, leaving millions of Americans struggling to afford basic medical care. The report cites data showing that healthcare costs have increased significantly since Republicans began their efforts to repeal and undermine the Affordable Care Act...
Chola MS General Insurance: Profit & Growth: Rediff Money news
Chola MS General Insurance Company Ltd, a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Ltd, has reported a profit before tax of Rs 144.77 crore for the quarter ending June 2025, despite higher claims. The company's profit is lower compared to the same quarter last year, which was Rs 178.96 crore. The decrease in profit is attributed to higher provisioning for motor third-party claims due to rising award values and the absence of premium increases over the...