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Tag: Health Insurance Pricing

Insurance industry ‘struggling to be more agile:’ analytics summit speaker | Canadian Underwriter

Insurance industry ‘struggling to be more agile:’ analytics summit speaker | Canadian Underwriter

The third panelist, Travelers Canada chief actuary Erika Schurr, suggested regulation sometimes gets in the way of being more customer-centric. “Sometimes we want to do something what’s best for a customer and the regulator stops,” said Schurr. “Think of something like price optimization. You don’t like your increase to your Rogers bill? You can call […]

Soon, you will be able to try out a health insurance policy on a trial basis | Moneycontrol.com

Soon, you will be able to try out a health insurance policy on a trial basis | Moneycontrol.com

Your insurance company may soon offer a product on trial to see if it works in the market. With the insurance regulator allowing general insurers and health insurers to bring out pilot products, companies are readying products for a soft launch. In July 2016, Insurance Regulatory and Development Authority of India (IRDAI) notified a set […]

Insurers must be forced to justify huge annual increases | Daily Mail Online

Insurers must be forced to justify huge annual increases | Daily Mail Online

Pensioners are the worst-hit because they are less likely to look for deals online. The calls for insurers to be forced to justify to customers why they have hiked their premium come after a Money Mail investigation found long-standing customers are being over-charged by up to £1,000, while insurers offer new customers loss-making introductory deals. […]

Long-term care insurance facing major pricing shift | The Washington Post

Long-term care insurance facing major pricing shift | The Washington Post

The problem is that there have been some steep premium increases for long-term care insurance, and it has many people wondering if the insurance is worth it. Insurance companies have had trouble pricing the insurance. Initial premiums charged haven’t been enough to cover claims. But how the insurance is priced may be changing significantly. Rather […]

Long-term care insurance facing major pricing shift | The Washington Post

Long-term care insurance facing major pricing shift | The Washington Post

If you need help with life’s basic activities — eating, dressing and bathing — it can be expensive and the cost of that care can decimate your savings. The problem is that there have been some steep premium increases for long-term care insurance, and it has many people wondering if the insurance is worth it. […]

MedPAC Recommends New Part B Pricing System | Medpage Today

MedPAC Recommends New Part B Pricing System | Medpage Today

WASHINGTON — The Medicare Payment Advisory Commission (MedPAC) voted unanimously Thursday to recommend a competitive pricing program and make other changes to reimbursement for drugs under Part B of the Medicare program. “Medicare, as a large third-party payer, always needs to take steps to make sure it’s paying the right amount,” said commission member Paul […]

Direct primary care, a no-insurance healthcare model | Business Insider

Direct primary care, a no-insurance healthcare model | Business Insider

Dr. Bryan Hill spent his career working as a pediatrician, teaching at a university, and working at a hospital. But in March 2016, he decided he no longer wanted a boss. He took some time off, then one day he got a call asking if he’d be up for doing a house call for a […]

Stents pricing: Govt asks hospitals to make prompt refunds | The Economic Times

Stents pricing: Govt asks hospitals to make prompt refunds | The Economic Times

NEW DELHI: No action will be taken against hospitals under the scanner for overcharging on stents if they refund the money to patients before receiving a demand notice, drug price regulator NPPA said. The National Pharmaceutical Pricing Authority (NPPA) said the matter would end there for such hospitals if there were no further complaints. “If […]

National Pharmaceutical Pricing Authority slashes stent prices by up to 85% | Times of India

National Pharmaceutical Pricing Authority slashes stent prices by up to 85% | Times of India

The National Pharmaceutical Pricing Authority on Monday fixed the ceiling price of drug eluting stents (DES) and bioresorbable stents at Rs 30,000 and that of bare metal stents at Rs 7,500. The prices will be effective from notification on February 14. This comes as a huge relief to lakhs of patients who have to undergo […]

Prices of stents likely to be capped | The Hindu

Prices of stents likely to be capped | The Hindu

Last month, a notification from Ministry of Chemicals and Fertilizers and Department of Pharmaceuticals to include coronary stents in Schedule I of the Drug Pricing Control Order triggered several discussions among the stakeholders as the drug eluting stents and bio-absorbable vascular scaffolds were listed under the same serial number. The stakeholders fear that both types […]