Sentences with phrase «whole health insurance sector»
The aggregate ICR of the whole health insurance sector showed a rise in 2013 - 14 to 101 % from 94.92 % in the year 2012 - 13.
https://www.policybazaar.com/ Not exact matches
Such reforms are sure to pave a smoother way for the growth of health insurance sector as a whole, in the coming years.
«Healthcare costs today are going up by the day due to lifestyle diseases in particular and the only way the gap between rising healthcare costs and affordability can be bridged is if the insurance sector develops a sustainable and viable mechanism,» Antony Jacob, co-chair, FICCI Health Insurance Committee and chief executive officer and whole time director, Apollo Munich Health Insurainsurance sector develops a sustainable and viable mechanism,» Antony Jacob, co-chair, FICCI Health Insurance Committee and chief executive officer and whole time director, Apollo Munich Health InsuraInsurance Committee and chief executive officer and whole time director, Apollo Munich Health InsuranceInsurance said.
The largest difference between private sector health insurance and life insurance is that for life insurance, a person may purchase guaranteed renewable insurance for the whole of the insured's life at a constant premium rate, while health insurance is generally purchased year by year with generally no assurance of renewability and if renewable no guarantee that premium rates will not increase.