Newer plans offer extensive coverage, including pre and post-natal care, C-sections, newborn care, and even for complications arising from pregnancy. Some plans even cover assisted reproductive treatments
The idea of a composite licence has been welcomed by the insurance companies. The industry expects composite licences to give insurers the necessary economies of scale and customers the option to buy multiple products from the same insurer, in turn lowering the cost of distribution
While the industry is rapidly adopting digital tools to simplify and enhance its processes, there are still gaps to be addressed in a sector that continues to rely heavily on intermediaries