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Covid patients pay 40% medical cost from pocket despite insurance

Covid patients pay 40% medical cost from pocket despite insurance A big reason behind a difference in insurance claims and settlement amount, and rejection of a large number of claims, is unpreparedness of insurers who did not anticipate such a large influx of claims BusinessToday.In | May 20, 2021 | Updated 16:50 IST Insurers are rejecting renewal of such policies despite the regulator having told insurers to renew these policies up to September 30 Covid-19 patients are paying as much as 40 per cent of treatment costs from their pocket despite health insurance. Insurers have been selling short-term COVID-specific policies Corona Kavach and Corona Rakshak in bulk since last year.

Covid has exposed holes in handling of personal finances, says a BL Portfolio survey

ITC extends loan facility to employees to support COVID-19 treatment of certain family members

ITC extends loan facility to employees to support COVID-19 treatment of certain family members SECTIONS Last Updated: May 13, 2021, 03:28 PM IST Share Synopsis The company has also put in place a suite of interventions to help employees during this health crisis, which includes medical care for employees and their families through dedicated COVID-19 care centres, helplines managed by the company s HR personnel for emergency support. Agencies ITC has also introduced a suite of interventions to help employees during this crisis, which includes medical care for employees and their families through dedicated COVID-19 care centres. Diversified business entity ITC Ltd on Thursday said it is extending loan facility to employees to support medical treatment, owing to COVID-19 infection of certain family members, who are not covered under the company s medical policy. While the company is providing full coverage of medical expenses of employees and immediate family members, ITC sa

Why brands should not advertise about employee welfare in Covid times

Why brands should not advertise about employee welfare in Covid times
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Insurers see adverse impact of Covid-19 claims on their loss ratio

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