India’s insurance regulator, Irdai, has initiated a common empanelment process, tasking the General Insurance Council with onboarding hospitals. Insurers are engaging with eye and general hospitals, aiming for 4,000-5,000 general hospitals in the next few months. While some hospitals welcome standardized pricing, larger ones express reservations. Insurers are expected to negotiate treatment rates based on the PMJAY framework for cost-effectiveness.
Oil prices fall 1% as investors weigh pause in US strikes on Iran
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy