When Sally Nix found out that her health insurance company wouldn’t pay for an expensive, doctor-recommended treatment to ease her neurological pain, she prepared for battle. It took years, a chain of conflicting decisions, and a health insurer switch before she finally won approval. She started treatment in January and now channels time and energy
If you get your health insurance through your job, you could see those monthly plan costs go up. A new report from Mercer, a global consulting firm, says 2026 could be the fourth consecutive year of elevated health benefit cost growth after a decade of moderate annual increases. The total health benefit cost per employee
Jason Hart, Managing Director Proactive and Global Security Services CFC. It’s been three decades since the first chief information security officer (CISO) took their seat at a time when digital risk was a niche concern and cybersecurity barely registered on the boardroom agenda. Over the years, the role of CISOs has grown into one of
Lower costs could translate into higher demand, improved persistency ratios, and sustained premium growth across insurers. Life insurance companies may benefit from rising long-term policy adoption, while health insurers could see increased uptake in post-pandemic India. Narender Singh, investment manager of smallcase & founder at Growth Investing, said, “For equity investors, these structural improvements could
Lower taxes on insurance policies have been a long-standing demand of the insurance sector, with the industry favouring a cut from 18% to 5% rather than a complete exemption. The GST exemption on individual protection and health policies will, however, directly benefit consumers by reducing costs for insurance products. Industry experts believe that in a
An NHS vascular surgeon who carried out hundreds of amputation operations has admitted cutting his legs off on purpose then lying about losing them to sepsis to claim a £466,000 insurance payout. Neil Hopper, 49, has been jailed for 32 months after pleading guilty to two charges of fraud by false representation relating to claims
The Goods and Services Tax (GST) Council on Wednesday announced that life and health insurance premiums will no longer attract GST, shifting them from the earlier 18 per cent slab to the NIL bracket. The reform, approved at the 56th GST Council meeting chaired by Finance Minister Nirmala Sitharaman, will come into effect from 22
Last Updated:September 04, 2025, 13:00 IST Cutting GST from 18% to nil is a big relief for policyholders, but analysts note benefit may not always be a full 18% cut, as insurers will also lose access to input tax credit. No GST On Health And Term Insurance Policies. In a major decision, the government has
The Private Healthcare Information Network (PHIN) has published its latest quarterly market update, revealing “nuanced shifts” in Wales’ independent healthcare sector during the first quarter of 2025. While overall private hospital and clinic admissions remained stable compared to Q1 2024, the way patients pay and the type of patient have evolved. Notably, private medical insurance-funded
On the edge of Thatcham there is a world-class facility used by the insurance industry to research how different vehicles’ premiums should be priced. BBC Radio Berkshire was invited to Thatcham Research to see how it works with insurers to study various aspects of increasingly complex vehicles. A test held on Tuesday showed the damage