Applying for medical insurance can get pretty personal. Health insurance applications can ask some of the most personal questions a person can answer. The government has passed a variety of privacy laws to protect this information from people who are not supposed to see this information. Since there is a fear of identity theft [...]
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The concept of Health insurance became public during 1930s when the Blue Cross started presenting what is called pre-paid hospitalization. The Blue Shield came into being following its success and with the advancement of health care unit and with the raise in cost of medication and treatment; a need emerged to pick up health [...]
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Many people are often confused about health insurance and life insurance. In simple terms, a health insurance prevents you from paying a large bill by covering full or a part of your medical expenses. A life insurance, on the other hand, gives to your beneficiary the entire face value of the policy as lump [...]
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Health insurance holders will soon have the choice to switch over to another company under the new portability option being chalked out by the Insurance Regulatory and Development Authority (IRDA). The move is expected to increase quality of services and encourage healthy competition among health
insurance firms.
The norms would be ready by next month.
“Draft guidelines [...]
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