Though Insurance penetration may increase the people they cater to, Insurance patients are not preferred by the hospitals as the insurance cos many a times they dictate the tariff to the hospitals which individual cash paying patients cant. Also the working capital cycle gets prolonged for insurance claim. These are the days where insurance cos have a big say on how much each surgery can be charged, whatever the health cover you have. Have seen instances where despite having 10 lac cover, they refuse to give even 1 lac for deserving surgery citing its their tariff. Not many hospitals can go against it as they may lose their patients( as an insider from healthcare). Hence insurance penetration has both positives and negatives. For hospitals that are running efficiently with good clientele, any day they would prefer cash paying patients for the reasons cited above.
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IIFCL plans $200 million External Commercial Borrowing by January 2025, says MD Jaishankar (21-11-2024)
This marks the first time IIFCL will tap overseas debt markets in Japan or the US to raise funds
Storage in major reservoirs down on 11% post-monsoon deficient rainfall (21-11-2024)
Levels drop to 83 per cent of the capacity as 64 per cent of the country received lower rainfall
At Least 38 Killed as Gunmen Ambush Shiite Convoys in Pakistan (21-11-2024)
The attack was one of the deadliest in months of violence between Sunnis and Shiites in the Kurram region.
Opposition assails government, Adanis after group charged with paying bribe, says will raise matter in Parliament (21-11-2024)
The Adani Group faces accusations of bribery and fraud from US prosecutors, prompting calls for investigation from Indian opposition parties. Rahul Gandhi urges for Gautam Adani’s arrest and a probe into SEBI’s role, while the Adani Group denies all allegations.
Corporate irregularities can impact economy at large: Justice Kumar (21-11-2024)
Justice Kumar added that regular audits and proper disclosures are essential to avoid instances of poor corporate governance, which may lead to the breakdown of a company
Corporate irregularities can impact economy at large: Justice Kumar (21-11-2024)
Justice Kumar added that regular audits and proper disclosures are essential to avoid instances of poor corporate governance, which may lead to the breakdown of a company
Broker’s call: Star Cement (Buy) (21-11-2024)
SBI Securities