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Health insurance may get a new regulator

The interim budget on 1 February may set the stage for a composite license for life and general insurance, a separate regulator for health insurance and an increased digital push for the delivery and sale of insurance products, two people aware of the plans said.

According to one of the two people, the entry barriers for insurance may be eased, and insurers may get greater freedom to design their products.

The reforms will require amendments to India’s insurance laws. The aim is to increase insurance penetration in line with the regulator’s mission of ‘Insurance For All By 2047’.

According to

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by Alisha Putri•
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WHO South-East Asia Region commits to prioritizing and investing more in primary health care

The Member countries of WHO South-East Asia Region today are committed to prioritizing investment in primary health care to accelerate progress towards universal health coverage.

“Prioritizing investments to strengthen primary health care, including health workforce, will accelerate progress towards achieving health for all and help realize health-related sustainable development goals, health security and equity promoting health systems,” said Dr Poonam Khetrapal Singh, Regional Director, WHO South East Asia.

Dr Singh was addressing the Ministerial Round Table on ‘Strengthening primary health care as a key element towards achieving universal health coverage’, which culminated in Member countries and WHO signing the Delhi

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by Alisha Putri•
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Australian health insurers earn $1.3bn more in surplus than two years ago, report shows | Private health insurance

Australian private health insurers earned $1.3bn more in surplus from hospital premiums this year compared with two years prior, while returning less money to customers, a new report suggests.

The Australian Medical Association on Friday released its 2023 private health insurance report card, which also showed differences between insurers of more than $500 in benefits paid for identical procedures.

The president of the AMA, Prof Steve Robson said: “The value many consumers receive from their private health insurance is declining, relative to the big insurer profits are making.”

The report found that private health insurer profits have increased over the

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by Alisha Putri•