The health insurer relies heavily on Medicare Advantage plans, through which the U.S. government pays private insurers a fixed rate to manage healthcare for people aged 65 and older or those with disabilities.
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"Nation's progress accelerates when its citizens are healthier": PM Modi highlights five pillars of health policy
The Prime Minister further asserted that health is wealth, adding that the ancient thought is spreading in the name of Ayurveda Diwas.
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"Ancient system of medicine will continue to be useful for healthy life," PM Modi extends greetings on Ayurveda Day
On the occasion of Dhanvantari Jayanti and 9th Ayurveda Day, PM Modi will also launch, inaugurate and lay the foundation stone of multiple projects related to the health sector worth around Rs 12,850 crore at the All India Institute of Ayurveda (AIIA) in the national capital.
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Devi Shetty's Narayana Health to roll out Rs 1 crore health cover for senior citizens
Even as the govt is mulling reducing the GST rate on health insurance products, he said, “Ideally, the govt will be better off without GST on health insurance because as more people buy health insurance, it's less expensive for the govt,” Shetty added.
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PM Modi to launch Rs 13,000 crore worth health projects, distribute 51,000 appointment letters tomorrow
He will also lay the foundation stones of five nursing colleges in Shivpuri, Ratlam, Khandwa, Rajgarh and Mandsaur in Madhya Pradesh, 21 critical care blocks at Himachal Pradesh, Karnataka, Manipur, Tamil Nadu and Rajasthan under Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), and several facilities and service extensions at AIIMS in New Delhi and in Bilaspur, Himachal Pradesh.
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Nadda launches 5 DHR-ICMR health research initiatives
These initiatives aim to propel India to the forefront of global health research and innovation, aligning with the nation's vision of a Viksit Bharat.
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GST reduction will make insurance little affordable for customers, says Department of Finance Joint Secy
GST on term life insurance premiums, and premium paid by senior citizens for health cover is likely to be exempted from tax, an official said last week.
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