I have come across a book "Who killed health care" by Regina Herzlinger .Regina is a Professor in Harvard Business School and has covered various aspects of health care as well as health insurance industry in that country (USA).It is good to know that India is mentioned at various places in this book ,where health care of good level at a fraction of USA costs is possible.If you are connected with Health Care,Insurance,Health Insurance industry then this book is a must for you.I forsee many things which had happened in USA will happen in India also...
Saturday, 13 September 2008
West Bengal Govt is very liberal in attracting investment
Posted on 13:44 by Unknown
West Bengal Govt is very liberal in attracting investment as they gave incentives to Tata Motors for Nano Project;Land 645 acres or so for lease of Rs 1 crore /yearElectricity @ Rs 3 per kwhLoan of Rs 200 crores @ interest rate of 1%Now that Private sector is permitted to set up Medical Colleges can we expect the same benefit from West Bengal Govt .If yes they can attract 5 Medical Colleges in teh state and these can help the state with following;EducationMore DoctorsBetter health careMedical TourismMore jobs for peopleOther states can also take...
Health Policies of Life insurance co's collectRs 100 crores
Posted on 13:30 by Unknown
We have the first data available on the health insurance policies premium collected by Life insurance co's and this figure is Rs 100 crores.This figure is small but we know that these products were introduced by most of insurance co's during this year only.We are familiar with inflation figure which is released by govenment agencies from time to time .First figure which has become available for inflation in health care is 17%.This means that if you wish to maintain the coverage of your health care then at the time of policy renewal you should...
Tuesday, 9 September 2008
TPA's to expand in Tier 2 cities
Posted on 20:07 by Unknown
According to a report of Financial Chronicle September 08, 2008 TPA's will be growing in Tier 2cities as more and more people are being insured in these cities.Till recently were having on an average service network of about 10-15 branches in the country, most of which being in state capitals. In contrast, the general insurance companies, which control nearly the entire health insurance product portfolio, are present in an average of 400 locations. This huge disparity requires TPAs to aggressively expand their operations to meet the needs of the...
One should not try to be smart with Insurance company...
Posted on 19:35 by Unknown
One should not try to smart with Insurance company One should not try to smart with an Insurance company Ekta Elreja has come out with an interesting investigating story in 'Metro Now'' about how a smart person has been trying to cheat Insurance company with false claims.The story in brief is ;For those of us blessed with perfect health, taking out a health insurance policy seems like giving away money. Akash Sharma is one man who decided that it was time to make the insurance companies pay. Using different names, he swindled the ICICI Lombard...
Bench Marking is done for Cataract & Asthma by FICCI
Posted on 10:20 by Unknown
Insurance companies have been worried about the payment they are making to the hospitals for treatment of insured clients.It is a common statement in India that moment hospital comes to know the patient is insured their billing meter starts moving at a higher rate.This point has attracted the attention of FICCI and they have been working on it. Teena Jain has covered this in an interseting manner in Mint, published from New Delhi.As health insurers struggle with issues related to inflated billing, the insurance and health committees of industry...
Monday, 8 September 2008
My comments on Shobhana Chadha news in Economic Times Sep 7,2008
Posted on 18:34 by Unknown
Shobhana Chadha, has covered an interesting story in September 7, 2008 issue ofThe Economic Times on HEALTH INSURANCEBETTER SAFE THAN SORRYNever let bad choices spoil your future. You surely cannot correct your past mistakes, but definitely secure future by taking right decisions now. Take, for instance, Ramakrishna Pandya who learned from a stumble. The 50-year-old PSU employee, despite covered under a health plan, had to shell out a hefty sum of Rs 2 lakh while undergoing treatment for a bypass surgery in a private hospital.Pandya’s fault was...
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