Introduction: India’s Healthcare Revolution Healthcare has long been one of India’s biggest challenges. Millions of families are pushed into poverty every year due to catastrophic medical expenses, with the elderly population being the most vulnerable. Recognizing this, the Government of India launched Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (PM-JAY)...
Introduction India’s GST Council, led by Finance Minister Nirmala Sitharaman, has unveiled a landmark reform: 0% GST on individual health and life insurance policies, reduced from the earlier 18%. Effective from September 22, 2025, this policy holds promise for improved insurance affordability, bolstering coverage among the masses while presenting new challenges...
Introduction: Why ReAssure 3.0 is a Game Changer Health insurance in India has always revolved around one critical number: Sum Insured (SI). Traditionally, policyholders had to carefully choose between ₹5 lakh, ₹10 lakh, ₹50 lakh, or even ₹1 crore coverage, fearing that their insurance may fall short during a medical emergency. But...
Introduction Picture this scenario: You're a 32-year-old software engineer working at a multinational corporation in Bangalore. Your company provides excellent health insurance coverage worth ₹5 lakhs, covering you and your family. You feel secure, protected, and wonder why anyone would need additional personal health insurance. After all, isn't ₹5 lakhs sufficient...
What Are Restoration Benefits in Health Insurance? Restoration benefits in health insurance represent one of the most valuable features that modern policyholders can access. This benefit allows your sum insured to be replenished or "restored" during the policy year after you've exhausted it through claims. Unlike traditional health insurance policies where...
The Great Health Insurance Debate: Protection or Expensive Paperweight? Health insurance often feels like that expensive gym membership you never use—until suddenly you desperately need it. One day you're paying premiums wondering if you're throwing money away, the next you're facing a ₹5 lakh hospital bill that could bankrupt your family....
Health insurance has become an essential financial tool in today's world, where medical expenses can quickly drain your savings and disrupt your financial stability. With rising healthcare costs and increasing medical inflation, having the right health insurance policy is not just advisable—it's absolutely necessary for protecting your family's financial future. Understanding...
The insurance industry stands at a pivotal moment in its digital transformation journey. As artificial intelligence continues to reshape business processes across sectors, AI claims processing has emerged as one of the most impactful applications, fundamentally changing how insurers handle, evaluate, and resolve claims. This technological revolution is not merely...
