Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Irdai Puts 10% Cap On Hike In Premiums For Senior Citizens
The New Indian Express Madurai
|January 31, 2025
In a bid to protect senior citizens—the most vulnerable age group with limited income sources—from steep hikes in health insurance premiums, the Insurance Regulatory and Development Authority of India (IRDAI) on Thursday capped the annual increase on such premiums at 10%.
In its order, the regulator said insurance firms must consult it before proposing any increase that goes above 10%, adding that IRDAI must be duly informed in case of withdrawal of individual health insurance products offered to senior citizens.
This story is from the January 31, 2025 edition of The New Indian Express Madurai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Madurai
The New Indian Express Madurai
India, Germany system to avoid copter crash
SOON India and Germany will manufacture Obstacle Avoidance Systems (OAS) in India, which will arm the military helicopters to avoid accidents like the one in which General Bipin Rawat, India’s first Chief of Defence Staff, lost his life.
2 mins
November 20, 2025
The New Indian Express Madurai
Now, TMC MP lodges complaint against Guv
THE four-day clash between West Bengal Governor CV Ananda Bose and Trinamool Congress MP Kalyan Banerjee escalated on Wednesday.
1 min
November 20, 2025
The New Indian Express Madurai
1 more BLO dies, Didi says EC must stop SIR
ONE more booth-level officer (BLO) died on Wednesday in West Bengal allegedly due to work pressure in connection with the ongoing special intensive revision (SIR) of electoral rolls in the state.
1 min
November 20, 2025
The New Indian Express Madurai
Once Naxal hotspot, Bastar now buzzing with sports
SURRENDERED MAOISTS TAKING PART
1 min
November 20, 2025
The New Indian Express Madurai
Modi to attend G20 summit in Joburg
PRIME Minister Narendra Modi will travel to Johannesburg, South Africa, from November 21to 23 to participate in the 20th G20 Leaders' Summit, External Affairs Ministry announced on Wednesday.
1 mins
November 20, 2025
The New Indian Express Madurai
Bumper harvest on cards, food dept to store paddy in unused govt buildings
WITH the agriculture department predicting an increase in paddy cultivation in both delta and non-delta regions, the food department has decided to convert unused government buildings across the state into temporary storage centres.
1 min
November 20, 2025
The New Indian Express Madurai
NUAPADA MANDATE MARKS A POWER SHIFT FOR MAJHI
WHILE the NDA secured a historic mandate in Bihar, the BJP notched up an emphatic victory in the Nuapada bypoll in Odisha.
1 mins
November 20, 2025
The New Indian Express Madurai
US deports 200 Indians, including Anmol Bishnoi
A special US deportation flight carrying 200 Indians, including Anmo!l Bishnoi, the younger brother and close aide of gangster Lawrence Bishnoi, two other fugitives wanted in Punjab, and 197 undocumented migrants landed in New Delhi on Wednesday.
1 min
November 20, 2025
The New Indian Express Madurai
Tiger returns after decades, marks 9-month stay in Gujarat sanctuary
AFTER several decades, Gujarat saw its first tiger that stayed in the wilderness, when a big cat not only returned but claimed Ratanmahal Wildlife Sanctuary in Dahod as its permanent home.
1 mins
November 20, 2025
The New Indian Express Madurai
Brave cop killed in C’garh Maoist encounter
Struck by Naxals’ bullets, he fought till the end
2 mins
November 20, 2025
Listen
Translate
Change font size