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India's Health Insurance Sector Records Strong Growth; Premiums Cross Rs 1.2 Lakh Crore In 2024-25: Government
New Delhi, March 26 (IANS) India’s health insurance sector has recorded strong growth, with total premiums crossing Rs 1.2 lakh crore in 2024-25, the government said on Thursday.
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UP CM Yogi Adityanath Emphasises Right To Good Healthcare At Hospital Inauguration
Addressing a gathering, Uttar Pradesh Chief Minister Yogi Adityanath, said healthcare services should be affordable, reliable and accessible, and stressed that the sector should remain a top priority for governments.
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India Trails China In Health Insurance Customisation Despite Rapid Digital Growth: Report
Around 50 per cent of insurers in India provide customisation support for clients with more than 1,000 employees, which is lower than the 92 per cent reported in China, according to a report released on Monday.
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9% Increase In Healthcare Budget Reflects Government's Commitment To Make It Accessible, Says Union Health Minister
Union Health Minister J.P. Nadda stated that the 176 per cent increase in the health sector budget over the past 12 years reflects the Modi government's commitment to making healthcare accessible to all.
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Cancer Meds Get Cheaper: GST Council Slashes Tax On 33 Lifesaving Drugs
In what seems like a major public health push, the GST Council has cut GST on medicines, including 33 lifesaving drugs and 3 cancer/rare-disease medicines, to nil, and reduced GST on most other medicines and medical devices.
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Zero GST On Life & Health Insurance From September 22: Who Benefits And How?
From September 22, 2025, all individual life and health insurance premiums will attract 0% GST, down from 18%. Announced after the 56th GST Council meeting, this move cuts upfront costs, may widen coverage, and nudges households to buy adequate prote
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GST Changes Holistic, Coincidental Some Sectors Hit By Tariffs: Piyush Goyal
The rationalisation of Goods and Services Tax slabs - from four to two, and exemption of certain items, including premiums for health and life insurance - reflect a "holistic and well thought-out" decision, Commerce Minister Piyush Goyal said.
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Union Budget 2024: Insurers Expect More Tax Benefits For Health Insurance
More tax benefits for health insurance under the new tax regime, relaxation in payment norms for MSMEs and incentives for the agri-tech sector are among the stakeholders' expectations from the first budget of the Modi 3.0 government.
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Budget 2020: Rs 69,000 Crore Allocated For Health Sector
Union Finance Minister Nirmala Sitharaman on Saturday announced an outlay of about Rs 69,000 crore for the health sector in the 2020-2021 fiscal, with Rs 6,400 crore earmarked for the Centre's flagship health insurance scheme Prime Minister Jan Arogya Yojana (PMJAY).
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Modicare, World's Largest National Health Protection Scheme: All You Need To Know
In the Union Budget 2018-19, Finance Minister Arun Jaitley announced that India will have the world's largest healthcare programme for half a billion of its poorest citizens. He went on to lay out plans to merge three public sector insurance companies and list the new entity. The plan was soon dubbed "NaMoCare" by BJP president Amit Shah and "ModiC...
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India's Health Insurance Sector Records Strong Growth; Premiums Cross Rs 1.2 Lakh Crore In 2024-25: Government
New Delhi, March 26 (IANS) India’s health insurance sector has recorded strong growth, with total premiums crossing Rs 1.2 lakh crore in 2024-25, the government said on Thursday.
-
UP CM Yogi Adityanath Emphasises Right To Good Healthcare At Hospital Inauguration
Addressing a gathering, Uttar Pradesh Chief Minister Yogi Adityanath, said healthcare services should be affordable, reliable and accessible, and stressed that the sector should remain a top priority for governments.
-
India Trails China In Health Insurance Customisation Despite Rapid Digital Growth: Report
Around 50 per cent of insurers in India provide customisation support for clients with more than 1,000 employees, which is lower than the 92 per cent reported in China, according to a report released on Monday.
-
9% Increase In Healthcare Budget Reflects Government's Commitment To Make It Accessible, Says Union Health Minister
Union Health Minister J.P. Nadda stated that the 176 per cent increase in the health sector budget over the past 12 years reflects the Modi government's commitment to making healthcare accessible to all.
-
Cancer Meds Get Cheaper: GST Council Slashes Tax On 33 Lifesaving Drugs
In what seems like a major public health push, the GST Council has cut GST on medicines, including 33 lifesaving drugs and 3 cancer/rare-disease medicines, to nil, and reduced GST on most other medicines and medical devices.
-
Zero GST On Life & Health Insurance From September 22: Who Benefits And How?
From September 22, 2025, all individual life and health insurance premiums will attract 0% GST, down from 18%. Announced after the 56th GST Council meeting, this move cuts upfront costs, may widen coverage, and nudges households to buy adequate prote
-
GST Changes Holistic, Coincidental Some Sectors Hit By Tariffs: Piyush Goyal
The rationalisation of Goods and Services Tax slabs - from four to two, and exemption of certain items, including premiums for health and life insurance - reflect a "holistic and well thought-out" decision, Commerce Minister Piyush Goyal said.
-
Union Budget 2024: Insurers Expect More Tax Benefits For Health Insurance
More tax benefits for health insurance under the new tax regime, relaxation in payment norms for MSMEs and incentives for the agri-tech sector are among the stakeholders' expectations from the first budget of the Modi 3.0 government.
-
Budget 2020: Rs 69,000 Crore Allocated For Health Sector
Union Finance Minister Nirmala Sitharaman on Saturday announced an outlay of about Rs 69,000 crore for the health sector in the 2020-2021 fiscal, with Rs 6,400 crore earmarked for the Centre's flagship health insurance scheme Prime Minister Jan Arogya Yojana (PMJAY).
-
Modicare, World's Largest National Health Protection Scheme: All You Need To Know
In the Union Budget 2018-19, Finance Minister Arun Jaitley announced that India will have the world's largest healthcare programme for half a billion of its poorest citizens. He went on to lay out plans to merge three public sector insurance companies and list the new entity. The plan was soon dubbed "NaMoCare" by BJP president Amit Shah and "ModiC...
