Anand Subramanian’s Post

Kudos to Dr Devi Shetty for coming up with this Insurance Scheme Now this can be a game changer - integrating the value chain - hospital, customer and insurance company Rs 1 crore coverage for surgeries and Rs 5 lacs for treatment costs, for a family of four - for an insurance premium of Rs 10,000/- Goes without saying that settlements will also be smoother and without hidden surprises Of course, this gets restricted to only NH chain of hospitals But imagine, if the likes of Manipal, Apollo, Fortis, Max chain of hospitals, also start offering it #insurance #financialplanning

Kudos to Dr Devi Shetty for coming up with this Insurance Scheme Follow Now this can be a game changer - integrating the value chain - hospital, customer and insurance company Rs 1 crore coverage for surgeries and Rs 5 lacs for treatment costs, for a family of four - for an insurance premium of Rs 10,000/- Goes without saying that settlements will also be smoother and without hidden surprises Of course, this gets restricted to only NH chain of hospitals But imagine, if the likes of Manipal, Apollo, Fortis, Max chain of hospitals, also start offering it #insurance #financialplanning

Affordable premium that's what we need for the Indian market.

The main concern of the discussion between the general insurers, the hospital sector executives, and NITI Aayog officials was the increasing medical costs in India, which is affecting everyone, from the common person to the insurance companies. You might wonder why policyholders are worried when they have insurance coverage. Well, it is the unseen part which is not as straightforward as it seems. While uninsured people directly feel the pressure of rising medical costs on their pockets, insured people face a totally different set of challenges. Let us tell you what's happening in hospitals these days. Some hospitals are charging separately for basic amenities like electricity and changing bedsheets. That's exactly what insurers are questioning. Even to the policyholders the same blood sugar test costs differently based on whether you're in a regular room or a deluxe suite! Some hospitals even charge extra fees for faster access to operation theatres, which hospitals deny but insurers say that it exists. This situation is so problematic that NITI Aayog had to step in with insurance companies and healthcare providers. The General Insurance Council is also taking matters into their own hands by directly negotiating with hospitals with the goal of making healthcare more affordable and billing more transparent. But that's not the only problem, the headache of discharge delays is also very big. Despite IRDAI's rule of completing discharge within three hours, patients are often stuck in the hospital due to billing disputes or slow claim processing and this starts the common problem of final bills not matching pre-approved estimates, leading to lengthy approval processes. To fix these issues, insurers are asking hospitals to be more accurate with their initial estimates and be more flexible with minor billing differences. What we're seeing is a classic case of different players in the healthcare system trying to protect their interests while making sure that patient care doesn't suffer. #NitiAayog #Insurance #Hospital #Sufferings #HealthCare #MedicalInflation #IRDAI

Welcome to today's exciting episode, where we dive into the highly anticipated Niva Bupa Health Insurance Company IPO! Imagine a healthcare ecosystem where quality meets affordability, and innovation meets wellness. That's precisely what Niva Bupa brings to the table. With presence in 200+ cities, Niva Bupa has revolutionized India's health insurance landscape. Now, as Niva Bupa opens its doors to public investment, we'll decode the IPO's potential, growth prospects, and key factors influencing its success. Join me as we explore: - Niva Bupa's remarkable journey and market positioning - IPO details: issue size, price band, and bidding dates, fund utilization - Financial performance and future growth strategies - Industry trends and competitive landscape - Expert insights, leadership mantra. Get ready to uncover the opportunities and challenges surrounding Niva Bupa's IPO. Let's dive in ! In conversation with Mr Krishnan Ramachandran, MD & Ceo , Niva Bupa Niva Bupa Health Insurance's Rs 2,200 crore IPO launches November 7-11, 2024, with a price band of ₹70-₹74 per share. The offer includes new and existing shares. Allotments are expected on November 12, with a tentative listing on November 14. Founded in 2008, Niva Bupa offers health plans for individuals and businesses. BSEIndia NSE India #IPOAlert #IPO #investors #Investment #Financial #Leadership #Health #Insuramce Niva Bupa Health Insurance

No Insurance? Be Ready to Cough up more at Hospitals! Higher rates being charged if patients opt to pay directly.... Find out a why👇 #Aarviinsurance #Insurancebrokers #Noinsurance #Recentincident #HealthInsurance #Fintech #BFSI #IRDAI #IRDAIRules #Hospitals #Insurtech #Hospitalbills #Insurancecompanies

I believe this is just the beginning of a New Era of product innovation.

The Centers for Medicare & Medicaid Services have some strict rules on what agents can and cannot say during Medicare sales appointments, but pulling them out of the dense Medicare Advantage & Part D Communication Requirements can be tough and time-consuming. Learn how to help simplify things with the link here! https://buff.ly/3ChQAM3 . . . #RitterInsuranceMarketing #RitterIM #FMO #Insurance #InsuranceAgency #InsuranceAgent #InsuranceMarketing #InsuranceTips

Have you ever been through an insurance audit? I have. It was nerve wracking. My malpractice insurance helped me through it but ultimately I had to pay Medicare on DME products I dispensed in the office. It was close to 2K. It could have been worse, but it stung. I lost out twice. On the reimbursement for the diabetic shoes but also the cost of the shoes because the practice paid for them. As a direct care podiatrist I don't participate with DME. Even though the reimbursement is tempting I decide not to because of all the documentation. It is not worth the risk. It has given me time to focus on other services. #directcare #directpay #directcarepodiatry #thrivenotsurvive

On October 17, 2024, the Centers for Medicare & Medicaid Services (CMS) announced new security measures for marketplace submissions through a Classic Direct Enrollment (DE) or Enhanced Direct Enrollment (EDE) platform, such as HealthSherpa. Agents and brokers are now required to provide verifiable Social Security numbers for all applicants (excluding newborns) when using a DE or EDE platform. Learn more with the link here! https://buff.ly/48LjpN3 . . . #RitterInsuranceMarketing #RitterIM #FMO #Insurance #InsuranceAgency #InsuranceAgent #InsuranceMarketing #InsuranceTips