Private medical insurance is booming: historic waiting lists for treatment in the UK’s strained NHS and a crisis in primary care have driven demand to its highest in years. But the surge in demand is storing up problems for health insurers — and the customers relying on them.
Patients going private insurers with stretched customer service and in fierce competition for doctors, some of whom are pushing back against what they say are years of near-stagnant fees for operations.
A lack of cover for chronic conditions and frequent changes to policy terms make private health insurance ill-suited to picking up…
Under the IRDAI Vision 2047, the government is aiming to provide “Insurance for All” by 2047.
The Association of Healthcare Providers India (AHPI) has lauded the Ministry of Finance for contemplating setting up an independent regulator for health insurance.
The ministries of finance and health are under discussion over the need for a sector watchdog to help achieve the IRDAI Vision 2047.
The AHPI, representing a vast majority of private sector hospitals in the country, is also represented on the IRDAI advisory for the healthcare sector.
In an official letter, the AHPI said, “This is a welcome move as making…
Governor JB Pritzker joined doctors, patients, stakeholders, and legislators to highlight efforts to reform predatory health insurance practices and protect patients. The Healthcare Protection Act (HPA), first introduced in the governor’s FY25 Budget Address in late February, aims to put power back into the hands of patients by banning step therapy, banning prior authorization for crisis mental health care, improving network adequacy, and ending unchecked rate increases for large group insurance companies. HPA is targeting utilization management, which often forces consumers to obtain permission from their providers before receiving care that doctors have already determined is necessary. This increases profits…