How health insurance industry can offer relevant products for Gen Y and Gen Z

How health insurance industry can offer relevant products for Gen Y and Gen Z

In India, health insurance remains optional and the healthcare system is divided into public and private sector, with free healthcare services available only at government facilities under the public sector. Industry estimates reveal that the health insurance market is significantly underpenetrated, with nearly 40 million people lacking any health cover. Lack of awareness, affordability issues … Read more

Allow tax deduction for health insurance in the new regime, says ICAI chief

Allow tax deduction for health insurance in the new regime, says ICAI chief

Taxpayers are expecting stab-rate changes and higher deductions in the old tax regime ahead of the 31 July deadline for filing income tax returns, but Ranjeet Kumar Agarwal, president of the Institute of Chartered Accountants of India believes the old tax regime could be discontinued in phases. While he is not in favour of offering … Read more