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Medi Assist's 2024 report reveals a notable rise in healthcare costs, driven by increasing incidences of respiratory disorders, cardiac conditions, and cancer.
News | 09 Jan 2025 | Medi Assist's 2024 report reveals a notable rise in healthcare costs, driven by increasing incidences of respiratory disorders, cardiac conditions, and cancer. The report highlights demographic shifts, with younger populations also being affected alongside traditionally vulnerable groups. Geographic disparities in healthcare access and disease prevalence are also examined. The report calls for collaborative efforts between stakeholders to address these challenges effectively.
Read MoreThe 'Borderless Health' framework, unveiled by Medi Assist and BCG at the Raksha Summit 2024, focuses on addressing healthcare inequities through a unified, technology-driven approach.
Reports | 22 Nov 2024 | The 'Borderless Health' framework, unveiled by Medi Assist and BCG at the Raksha Summit 2024, focuses on addressing healthcare inequities through a unified, technology-driven approach. The report emphasizes leveraging data interoperability, AI-powered tools, and scalable health platforms to streamline access to quality healthcare services. It envisions a global ecosystem transcending geographic and systemic barriers, enhancing patient outcomes and operational efficiency. The framework highlights collaboration among stakeholders, including governments, insurers, and healthcare providers, to achieve equitable and sustainable healthcare delivery.
Read moreMedi Assist, India's largest health insurance TPA, aims to manage ₹25,000 crore in premiums by FY25, targeting over 20% growth.
News | 05 Nov 2024 | Medi Assist, India's largest health insurance TPA, aims to manage ₹25,000 crore in premiums by FY25, targeting over 20% growth. In FY24, it managed ₹19,050 crore, representing 21% of the group and retail health insurance market. After acquiring Paramount Health Services, its market share is expected to rise to 24%. Medi Assist serves 12,000 corporate clients and processed 8 million claims in FY24.
Read MoreMedi Assist, a leading health insurance administrator in India, has implemented artificial intelligence (AI) to enhance hospital discharge processes and combat insurance fraud.
News | 04 Oct 2024 | Medi Assist, a leading health insurance administrator in India, has implemented artificial intelligence (AI) to enhance hospital discharge processes and combat insurance fraud. Their AI system accurately predicts patients' out-of-pocket expenses, reducing discharge times and alleviating financial uncertainties. Additionally, by analyzing over 160 parameters per claim, the AI identifies fraudulent activities, doubling insurers' savings since its implementation in February. This initiative addresses both administrative inefficiencies and systemic issues in health insurance.
Read MoreMedi Assist TPA to acquire 100% stake in Paramount TPA from Fairfax Asia and Dr. Nayan Shah & family
News | 26 August 2024 | Medi Assist Insurance TPA, a subsidiary of Medi Assist Healthcare Services, has signed an agreement to acquire Mumbai-based Paramount Health Services & Insurance TPA from Fairfax Asia and Nayan Shah & family.
Read MoreMedi Assist acquires majority stake in UK-based global benefits administrator 'Mayfair We Care', expanding its reach to international markets
News | 17 November 2022 | Medi Assist goes global with its fourth acquisition in 4 years.
Read MoreMedi Assist, India's largest health insurance TPA, acquires Medvantage (erstwhile UnitedHealthcare Parekh TPA)
News | 26 September 2022 | Medi Assist strengthens leadership in the TPA space with 3rd acquisition in the past few years
Read MoreMedi Assist launches Medi Akanksha to help women in relaunching their careers
News | 24 May 2022 | Medi Assist launches its initiative, Medi Akanksha, to help women restart their careers.
Read MoreThe Different Types Of Riders In An Insurance Policy And How To Choose The Right Ones
News | 23 May 2022 | Our CEO, Satish Gidugu covers why Insurance plan riders are useful additions to your basic insurance cover.
Read MoreThe Economic Times - Best Organizations for Women 2022
Awards | 31 Mar 2022 | Medi Assist was awarded the Economic Times - Best Organization for Women 2022.
Read MoreTechnology disruptions by Third Party Administrators that are transforming the InsureTech space
News | 23 Mar 2022 | Our Senior Vice President of Engineering Praveen Samariya wrote a featured article for The Times Of India that talks about how TPAs are transforming the InsurTech space.
Read MoreHealth insurance: Here's why OPD claims are growing more than in-patient ones
News | 9 Mar 2022 | Our CEO, Satish Gidugu spoke about why OPD claims are more than inpatient claims and was quoted in the Business Today newspaper.
Read moreMedi Assist becomes India's first TPA to service healthcare premiums over Rs 10,000 Cr
News | 3 Mar 2022 | Medi Assist to become the first TPA to service healthcare premiums over INR 10.000 Cr, as covered by India Med Today.
Read morePremiums serviced by Medi Assist cross Rs 10,000 crores
News | 3 Mar 2022 | Medi Assist to become the first TPA to service healthcare premiums over INR 10.000 Cr, as covered by Asia Insurance Post.
Read moreMedi Assist TPA to service healthcare premiums of over ₹ 10,000 crore
News | 2 Mar 2022 | Medi Assist to become the first TPA to service healthcare premiums over INR 10.000 Cr, as covered by Livemint.
Read moreMedi Assist service healthcare premiums of over Rs 10,000 crores
News | 2 Mar 2022 | Medi Assist to become the first TPA to service healthcare premiums over INR 10.000 Cr, as covered by Express Healthcare.
Read moreMedi Assist service healthcare premiums of over Rs 10,000 crore
News | 2 Mar 2022 | Medi Assist to become the first TPA to service healthcare premiums over INR 10.000 Cr, as covered by India News Republic.
Read moreMedi Assist TPA to service healthcare premiums of over Rs 10,000 crore
News | 2 Mar 2022 | Medi Assist to become the first TPA to service healthcare premiums over INR 10.000 Cr, as covered by Newspostalk.
Read more8-Fold Path to prevent burn-out
News | Mar 2022 | Our Chief Compliance Officer, Megha Mattoo was covered by Banking Frontiers for a full page feature on the 8-fold path to prevent burn-out and reveal the risk combat strategy adopted by our company.
Read moreCovid related health insurance claims remain low in the third wave of the pandemic
News | 12 Feb 2022 | Our CEO Satish Gidugu talks about how covid claims saw a major dip during the third wave and was quoted by The Hindu Businessline.
Read moreCovid health cover claims surge to Rs 36,000 crore, most from Maharashtra
News | 9 Feb 2022 | Our CEO, Satish Gidugu shares his insights in a candid conversation with The Indian Express.
Read moreBudget 2022 | Reactions from corporate sector to FM Sitharaman's announcements
News | 1 Feb 2022 | MSN India covered our CEO, Satish Gidugu's reaction to the Budget announcement 2022-23.
Read moreUnion Budget 2022: Corporate sector reacts to Sitharaman's announcement
News | 1 Feb 2022 | The Telegraph India covered our CEO, Satish Gidugu's reaction to the Budget announcement 2022-23.
Read moreOver 8500 hospitals exchange claim-related information electronically with Medi Assist in real-time
News | Feb 2022 | Our CBO, Nikhil Chopra speaks to Viveka Roychowdhury from Express Pharma on how Medi Assist helps hospitals exchange claims related information electronically and how TPAs have helped timely discharge of patients
Budgeting for growth: Sectors in Karnataka look for leg-up
News | 30 Jan 2022 | The New Indian Express covered our CEO, Satish Gidugu's reaction to the Budget announcement 2022-23.
Read moreBudget 2022: Healthcare Industry Seeks Increase in Fund Allocation, Tax Incentives
News | 30 Jan 2022 | News 18 covered our CEO, Satish Gidugu's reaction to the Budget announcement 2022-23.
Read moreThe Economic Times Best Brands 2021
Awards | 21 Dec 2021 | Medi Assist was recognized by the Economic Times as Best Brands for the year 2021
What is a Third-Party Administrator (TPA) and its relevance in Health Insurance?
News | 1 Oct 2021 | Our CEO Satish Gidugu talks about Third Party Administrators forming an indispensable part of the Health Insurance ecosystem with Financial Express.
Read moreDoes insurance cover influence a patient's hospitalization charges?
Reports | 6 August 2021 | The COVID-19 Pandemic, albeit temporarily, changed the utilization of hospital services across India. The increasing number of hospital admissions has shown a…
Read moreSustainable healthcare: Post-pandemic
Reports | 6 August 2021 | The “Sustainable healthcare: Post-pandemic” report by Medi Assist elucidates the future of India's healthcare sector. The report identifies both the impacts caused…
Read moreHealth Care Insights
Reports | 6 August 2021 | We used Premium per Life (PPL) as an indicator to evaluate the changing patterns in health cover and healthcare utilization and identified…
Read moreFinancial Express - Why you should thoroughly read sub-limit clause before buying a health insurance policy
News | 24 July 2021 | Our Chief Business Officer authored an article on why reading the sub-limit clause is important before purchasing a health insurance policy.
Read moreCNBC TV18 - Common mistakes to avoid while purchasing health insurance policy
News | 20 July 2021 | Our Chief Business Officer authored an article on common mistakes that people should avoid while purchasing a health insurance policy.
Read moreMoneymonc - Unhappy with your insurance policy? Find out how to port it.
News | 6 July 2021 | Our Chief Business Officer, Nikhil Chopra adds his comments on things that need to be considered before porting one's health insurance policy.
Read moreFinancial Express - 21 Top Life, Health and Motor Insurance Policy Changes Every Policyholder Should Know in 2021
News | 28 June 2021 | Highlights various comments that our Chief Business Officer, Nikhil Chopra had to say on health insurance policy changes brought about by IRDAI in 2021.
Read moreZee News – How to save big on your Insurance premium
News | 22 June 2021 | Highlighted our Chief Business Officer, Nikhil Chopra's comments on Copay or Copayment.
Read moreExemplary Performance under Chief Minister's Comprehensive Health Insurance Scheme and Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana from the Government of Tamil Nadu in January 2021
Awards | 26 Jan 2021 | We were recognized for Exemplary Performance by the Chief Minister of Tamil Nadu for the CMCHIS and Ayushman Bharat - PMJAY.
CertificateBest HR strategy in line with Business by Karnataka Best Employer Brand Awards, 2020
Awards | 22 Dec 2020 | We were identified as the company with the Best HR Strategy in line with our Business goals by Karnataka Best Employer Awards, 2020.
Read MoreIndia's Best TPA by Asia's Insurance Awards, 2020
Awards | 12 Nov 2020 | We were awarded India's Best Third Party Administrator by Asia's Insurance Awards, hosted by Insurance Alertss in December 2020.
Read MoreTop Organizations with Innovative HR Practices by Asia Pacific HRM Congress
Awards | Sept 2019 | Our company was recognized for its Innovative HR Practices by Asia Pacific Human Resource Management Congress in 2019.
CertificateHindu Business Line - Ayushman Bharat
News | 29 Jan 2019 | Ayushman Bharat: For Jharkhand, roping in an insurance partner has worked well
Read moreSkoch Order of Merit - 2019
Awards | 2019 | Awarded the 'Skoch Order of Merit’ for qualifying the semi-finals of the Skoch Award 2019.
Read MoreTimes of India - Compare Hospital Treatment Rates
News | 25 Mar 2017 | Compare hospital treatment rates in advance.
Read MorePC Quest - Demonetization
News | 5 Dec 2016 | Demonetization: Opt for Cashless Medical Care with Medi Assist through the MediBuddy App.
Read MoreThe Hans India - Demonetization
News | 2 Dec 2016 | Demonetization: Opt for Cashless Medical Care with Medi Assist through the MediBuddy App.
Read MoreBusiness Standard - TVS Cap floats
News | 27 Oct 2016 | TVS Cap to float INR 1,000-cr fund.
Read MoreTech Seen - Cashless Payments with MediBuddy
News | 19 Oct 2016 | Medi Assist brings 'cashless' payments with MediBuddy Infiniti.
Read MoreThe Hans India - Medi Assist aims to optimize maternity spend
News | 17 Aug 2016 | Medi Assist aims to optimize the maternity spend of INR 400+ crores registered by its members via 1 lakh+ claims in 2015-16.
Read MoreFinancial Express - IDFC Alternatives
News | 8 Aug 2016 | IDFC Alternatives looks to raise $100 mn.
Read MoreThe Hindu - Medi Assist ropes in 4,000 hospitals
News | 15 May 2016 | We were recognized by The Hindu for roping in 4,000 hospitals.
Read MoreThe Hans India - ChampCamp from Medi Assist
News | 6 Apr 2016 | 26,000 Corporate Employees Touched and Going Strong: ChampCamp from Medi Assist aims to Redefine Employee Engagement.
Read MoreBusinessWire - eCashless from Medi Assist
News | 7 Jan 2016 | eCashless from Medi Assist Allows Booking Cashless Hospitalization Through Their Mobile App - MediBuddy.
Read MoreData Quest - Microsoft Launches Commercial Cloud Services
News | 29 Sept 2015 | Microsoft Launches Commercial Cloud Services from Local Datacenters in India.
Read MoreForbes - Highs and Lows of 2014's Hidden Gems
News | 7 Sep 2015 | Forbes launched its year book: Highs and lows of 2014's Hidden Gems.
Read MoreForbes - Health Insurance made easy
News | 21 July 2014 | Forbes recognizes us in their article, 'Medi Assist: Health Insurance Made Easy.'
Read MoreRed Herring Top 100 Asia Award - 2014
Awards | 2014 | Red Herring Awards discovers and advocates the most promising private ventures from around the world and we were recognized in the Top 100 companies in Asia, for the year 2014
Recognition from the Maharashtra Rajya Police Mukhyalaya - 2015
Awards | 2015 | Recognition from the Maharashtra Rajya Police Mukhyalaya for servicing the Maharashtra Police Kutumb Arogya Yojana.
Skoch Order of Merit
Awards | 2016 | SKOCH Awards covers the best of efforts in digital, financial and social inclusion and we were given a Merit Award for Innovation in the year 2016.
SKOCH Silver Award for Cloud, Mobility and Apps
Awards | 2016 | SKOCH Awards covers the best of efforts in digital, financial and social inclusion and we were given a Silver Award for Cloud, Mobility and Apps in the year 2016.
Lions Blood Bank - 2018
Awards | 2018 | Certificate of appreciation for organising a voluntary blood donation camp by the Lions Blood Bank
Healthy Workplace Award 2020 by Arogya World India Trust - 2020
Awards | 2020 | Silver Level - Healthy Workplace Award 2020 by Arogya World India Trust
Best Practices Award
Awards | 2014 | Awarded the ‘Best Practices Award' for contribution towards the Chief Minister's Comprehensive Health Insurance Scheme.
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