login
Become a member
Quick Registration
Full Registration Benefits -
Free Homepages for Doctors
Free Homepages for Hospitals
Free Homepages for Medical Conference
Free Homepages for NGO's
Personal Health Record Creation
Access to all Medical Slides
Access to all Jobs & Products Sale
Apollo Group Joins Hands With DKV To Launch Health Insurance Venture
August 09, 2007 at 12:31 PM
Health Insurance News
India’s second standalone health insurance will have the Apollo Hospitals Group holding 74 per cent while Germany-based DKV AG Deutsche Krankenversicherung, holds the remaining 26 per cent stakes.
Christened Apollo DKV Insurance Company, the venture is expected to roll out products by middle of September this year. The two companies have together invested a total of Rs 108 crore in proportion to their shareholding, and they expect to offer cashless products and services in over 4,000 hospitals across the country and on a reimbursement basis in all hospitals.
Says Shobana Kamineni, director, Apollo Hospitals Group: “Our entry into the health insurance sector is a logical extension of our continued contribution to healthcare delivery in India. Apollo DKV is uniquely placed to be the only health insurance company in India backed by an integrated healthcare group and a strong partnership with one of the leading international health insurance players.”
“Pricing will be risk-adequate and at par with other players. But our products will have much more value-added services in-built and will give true value for money”, she added.
The health insurance company will be offering traditional products such as in-patient hospitalization cover, critical illness cover, overseas travel & health cover and personal accident cover. Later, the company expects to launch user-friendly products for both individuals and groups.
|
|
|
More News on: Health Insurance Plan, Third Party Administrators for Health Insurance, Star Health and Allied Insurance, Health Insurance Policies offered by Bajaj Allianz Insurance, ICICI Lombard General Insurance Company Limited, Health Insurance, Health Insurance - Ombudsman, Health Insurance - Basics, New India Assurance Policies, Cholamandalam Health Insurance Policies
 Comment & Contribute
|
Medwonders Health Network
- Health News Index
- News Quick Links
 | News Central | | Health Watch | |
| Latest Health News | | Health In Focus | |
| News Category (500+) | | Breaking Health News | |
| Popular News | | Celebrating Life | |
| Health News and Press Release | | Medindia - Exclusive | |
| News Photo Gallery | | India Special | |
| News Video Gallery | | Lifestyle and Wellness | |
| News From Other Resources | |||
 |
Health Insurance
Complete Medindia Resources
|
| News Categories: |
| » | Michelle Obama: Name of Olive Tree in Italy |
| » | Beyonce: Most Beautiful Women in the World |
| » | Robin Gibb Recovers from Coma Wakes Up to Cancer |
| » | Botox and Vitamin Jabs Maintain Simon Cowell’s Young Looks |
| » | Victoria Beckham Hoping to Launch Lifestyle Website |
| More Celebrity News | |
|
Health Insurance Related News |
||||||||
| » | HCCI Report Says Rising Prices for Care Responsible for Increased Healthcare Costs for Privately Insured Americans | » | Treatment in ED is Based on Children's Insurance Status | |||||
| » | US Spends Most on Healthcare Without Providing Superior Care | » | South Carolina’s Taxpayers Will Not Have to Pay for Abortions in Rape Cases | |||||
| » | Companies Try to Avoid Steep Health Insurance Bills by Rewarding Employees For Healthy Lifestyles | » | MD247.com to Knock Out Health Insurance Companies Through Telemedicine | |||||
| » | Free Mobile Quoting Tool for Health Insurance Agents by HealthPlanOne(TM) | » | Stop Medicare Funding for Mediocre Care Plans, Govt Audit Body Tells Obama | |||||
| Read More >> | ||||||||
