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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. ....

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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
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Last Updated: May 13, 2021, 03:28 PM IST
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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 im ....

Amitav Mukherji , Ltd On , Corporate Human Resources Amitav Mukherji , Co Vid , Covid Support , Covid Insurance , லிமிடெட் ஆன் , இணை வித் ,

Insurers see adverse impact of Covid-19 claims on their loss ratio


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