Thursday, July 31, 2025

Creating liberating content

Samsung signage during the Nvidia GPU Technology Conference (GTC) in

NEW DELHI: The Directorate General of Civil Aviation (DGCA) Wednesday

Dylan Field, co-founder and CEO of Figma, appears at the

NEW DELHI: As President Trump threatened to impose a penalty

Related News

Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Samsung Electronics on

NEW DELHI: The Directorate General of Civil Aviation (DGCA) Wednesday said it has had 263 ‘findings’ (lapses found during audits) across eight airlines in the last one year. Among big

Dylan Field, co-founder and CEO of Figma, appears at the Bloomberg Technology Summit in San Francisco on May 9, 2024. David Paul Morris | Bloomberg | Getty Images Figma, the

NEW DELHI: As President Trump threatened to impose a penalty on India for its trade ties with Russia, Indian officials reacted cautiously as they reiterated India’s position that securing energy

Microsoft Chairman and CEO Satya Nadella speaks in front of the OpenAI logo at the Microsoft Build conference in Seattle, Washington, on May 19, 2025. Jason Redmond | AFP |

NEW DELHI: The successful launch of the world’s most expensive and unique earth observation satellite NISAR, jointly developed by US and Indian scientists over a decade, has given a big

Trending News

NEW DELHI: The Directorate General of Civil Aviation (DGCA) Wednesday said it has had 263 ‘findings’ (lapses found during audits) across eight airlines in the last one year. Among big

NEW DELHI: IndiGo saw its Q1 FY 2026 drop 20 per cent to Rs 2,176.3 crore from Rs 2,728.8 crore in same period last year due to the serious hit

File photo: US President Donald Trump (Picture credit: PTI) US President Donald Trump’s recent tariff warnings to India have drawn sharp criticism from Indian trade experts, with Professor Rakesh Mohan

T N Manoharan, renowned chartered accountant, former chairman of IDBI Bank and one of India’s most respected financial minds, passed away on Wednesday. He was widely acknowledged for his leadership

Pakistan’s government is moving swiftly toward integrating cryptocurrency into its financial ecosystem, aiming to bring digital currencies into mainstream banking, forex operations, and gold trading, according to a Wednesday media

The EU sanctions against Russia are expected to have significant implications for Indian refiners, according to a recent ICRA report.On July 18, the EU implemented its 18th sanctions package against

Star Health urges lower costs for sustainability

Word Count: 553 | Estimated Reading Time: 3 minutes


Star Health urges lower costs for sustainability

MUMBAI: The country’s largest standalone health insurer, Star Health and Allied Insurance, called for further reduction in distribution costs, including commissions, to make health insurance more sustainable. The company’s CEO, Anand Roy, said that while the current cap on management expenses stands at 35%, it should be reduced gradually by a percentage point every year. “We are among the few companies operating within the expense of management (EOM) limits,” Roy said, adding that “bringing this cap down over time is essential to bring down the cost of insurance.” He also called for GST waivers on health premiums for senior citizens and vulnerable groups and urged for greater regulation in healthcare delivery, which remains largely unregulated compared to the insurance sector.On medical inflation, Roy said that while the headline figure of 14%, which is always talked about in the industry, may not apply uniformly, it reflects the broad trend in the insured population. “For us, it may be closer to 8-10% depending on the hospital,” he said. He attributed rising costs to growing consumer preference for advanced treatments and high-end implants. Roy said moderate and regular hikes in premiums are inevitable but suggested discounts for customers maintaining good health as a way to keep premiums affordable. “Ideally, 2-3% of a family’s income should go towards health insurance,” he said, recommending higher allocations for those covering parents or in-laws.





Source link

Most Popular Articles