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ESIC Launches SPREE 2025 for Inclusive Development and Coverage Why in the News? The Employees’ State Insurance Corporation (ESIC) launched SPREE 2025 during its 196th meeting in Shimla, offering a one-time opportunity for unregistered employers and employees to join the ESI scheme without retrospective penalties or inspections. This initiative aligns with the government’s focus on …
Read MoreSyllabus: GS 2: Issues Relating to Development and Management of Social Sector/Services relating to Health, Functions and Responsibilities of the Union and the States. Why in the News? The Supreme Court of India is currently deliberating on standardizing medical procedure rates across government and private sectors. This decision is pivotal, as it aims to balance …
Read MoreWhy in the news? According to ICRA, the Gross Direct Premium Income (GDPI) of India’s general insurers is projected to reach ₹3.7 trillion by FY26. This marks a 32% increase from the ₹2.8 trillion recorded in FY24. About the Gross Direct Premium Income (GDPI): GDPI: Revenue from selling insurance policies, termed Gross Direct Premium Income. …
Read MoreSyllabus: GS 2: Health Government Policies and Intervention Focus: Despite significant coverage and enrollment numbers, concerns have arisen regarding PMJAY’s sustainability and efficacy, particularly in addressing hospital dues, patient rejections, and operational challenges. Source: NHA Overview: Ayushman Bharat, initiated in 2018, encompasses two primary components: health and wellness centers and the Pradhan Mantri Jan Arogya …
Read MoreWhy in the news? Irdai abolishes age limit on health insurance; ITC expands food tech business to Kolkata, Delhi, and Mumbai. source:slideserve About the Irdai Abolishes Age Restriction on Health Insurance: Regulatory Change: The Insurance Regulatory and Development Authority of India (Irdai) has removed the age restriction of 65 years on health insurance policies. Impact …
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