The Economic Times
13 days
A survey by Max Bupa finds that usersengagement with health gadgets and mobile apps is going down. The reasons: inconvenience in wearing or feeding in details...
The Economic Times
3 months
MUMBAI: Analjit Singh, chairman of Max Healthcare and Max Bupa Insurance company has resigned as a non executive independent director form the board of Tata Global Beverages. Singh was one of the independent directors who had opposed Mistry's removal from the board of the company during its meeting on Novembert 15th. TGBL board meeting held on Nov. 15 came into the limelight after the company claimed the mandatory recording had not taken place due to a system failure. This left the company vulnerable to legal action from Mistry who had termed his ousted from the company as illegal, according to lawyers.
The Economic Times
9 months
While the first two are already listed, Max India is set to list and start trading on the BSEand National Stock Exchange on Thursday, July 14. Max India is the holding company of Max Healthcare, in which it holds 45.95% stake, Max Bupa Health Insurance, with 51% stake, and Antara Senior Living, which is a wholly owned subsidiary. Going forward, Khosla said Max Healthcare plans to focus on laboratory services and home care. "In lab services, we are looking at changing the strategy from only captive to H2C (hospital to community)," he said. "This is aimed at providing high class clinical services to a larger market. It's a business with over 20% margin where organised players are showing a higher growth than the industry itself," Khosla said. Leading laboratory service providers have been expanding and attracting investor interest. Listed in December last year, Dr Lal Path Lab stock price has jumped more than 75% over its listing price of Rs 550 and the company currently has a market capitalisation of over Rs 8,000 crore.
The Economic Times
9 months
Teja is paying a premium of Rs 25,000 a year for an endowment plan that was bought for him by his father even though he doesn't need it. At this point, the only life cover you may need is a term plan, but this too, only if you have financial dependants or large liabilities in the form of debt. Teja has a Rs 75 lakh term plan though he has no dependants or liabilities yet. Harshinder, on the other hand, has not bought any cover. "Since I am single and don't have any dependants or debt, I didn't think I needed any life cover," she says. Health insurance The broader categorisation includes the basic indemnity plan, which covers hospitalisation expenses, for an individual, and the family floater plan, which includes your entire family in a single cover. "Growing incidence of lifestyle diseases and rising medical costs make it essential to have a health insurance," says Ashish Mehrotra, CEO & MD, Max Bupa Health Insurance.
The Economic Times
9 months
Teja is paying a premium of Rs 25,000 a year for an endowment plan that was bought for him by his father even though he doesn't need it. At this point, the only life cover you may need is a term plan, but this too, only if you have financial dependants or large liabilities in the form of debt. Teja has a Rs 75 lakh term plan though he has no dependants or liabilities yet. Harshinder, on the other hand, has not bought any cover. "Since I am single and don't have any dependants or debt, I didn't think I needed any life cover," she says. Health insurance The broader categorisation includes the basic indemnity plan, which covers hospitalisation expenses, for an individual, and the family floater plan, which includes your entire family in a single cover. "Growing incidence of lifestyle diseases and rising medical costs make it essential to have a health insurance," says Ashish Mehrotra, CEO & MD, Max Bupa Health Insurance.
The Economic Times
a year
The same numbers for people in the age group of 26-45 and 46-60 stood at 1,564 and 3,433, respectively, it said. With 1,286 and 1,015, Mumbai and Delhi NCR hospitals respectively registered most such cases even as Chennai, Bengaluru, Pune, Hyderabad, Kolkata, Coimbatore, Vadodara and Madurai (in the same) order constituted the top 10 cities and together formed 62 per cent of total diabetes-related health insurance claims, the data said. Of the 7,915 claims handled by ICICI Lombard since 2011, over 57 per cent were by males and rest by females, suggesting men are more prone to the disease. Max Bupa Health Insurance said while an average diabetes-related claim handled by it amounted to Rs 53,739 in 2014, last year it reached Rs 60,838. During the last five years, the firm also noted a rise in the claims coming from youth under 25 years of age, which it said spiked by up to 22 per cent.
The Economic Times
a year
The Economic Times
a year
MUMBAI: Even as walking is considered as the most preferred form of exercise across all age groups, 38 per cent working population in the country spends time sitting citing long working hours as major deterrent, according to a study. Majority of the respondents (78 per cent) agree that walking helps them guard against lifestyle diseases, according to the Max Bupa Walk for Health Survey 2016. Amongst the working population, 38 per cent spend time sitting and only 20 per cent devote time to walking and the rest either sleeping or standing, it said. The study on walking behaviour was conducted among 1,300 citizens across 4 cities of Delhi, Mumbai, Pune and Jaipur from December 2015 to January 2016. Long working hours have emerged as the biggest barrier to walking amongst professionals, according to the study. While long office hours stop Delhi (27 per cent) and Mumbai (25 per cent) employees from walking, in Pune (21 per cent) and Jaipur (13 per cent) do not walk due to long daily commute.
Channel 5
a year
Speak to you soon. As a Bupa Health Insurance customer, you'll have access to our Cancer Survivorship Programme. To find out more, call: Feels like the worst cold ever? Lemsip Max All in 1, tackles all five major symptoms. That's why it's: Also available in capsules.
Beijing Bulletin
a year
The Economic Times
a year
The Economic Times
a year
The Insurance Laws (Amendment) Act 2015 that raised the foreign investment cap in the insurance sector to 49% included requirement on "Indian owned and controlled" for an insurance company. Around half a dozen companies have applied to FIPB and the sector regulator for an increase in the FDI limit to 49% including Max Bupa and Bharti AXA. There are 52 joint ventures in life and general insurance industry. Though a majority of insurance companies are owned by Indian promoters, in some cases, foreign partners were playing an active role in running the show. Appointment of all key persons including the chief executive officer has to happen through the board or the Indian promoter. Apart from the CEO all key management personnel can be nominated by foreign promoter and approved by the board.