New Delhi: ICICI Lombard General Insurance on Wednesday announced a partnership with healthcare platform Practo to offer out-patient insurance products. The two have collaborated to launch a healthcare app, IL Take Care, that lets users book medical appointments, order medicines, view reports and manage personal health data. Using that to power its app, ICICI Lombard plans to offer a slew of out-patient health insurances products to users. Out-patient insurance, also called OPD insurance, where insurers pay claims for doctor appointments and medicines—essentially “out-of-hospital” claims—is fairly popular in developed countries but is offered, with limited scope, by only a handful of Indian insurance companies. The Bengaluru-based company has built a platform on top of that infrastructure, calling it Practo Trinity, and is pitching it to insurance companies.

Source: Mint January 24, 2018 20:03 UTC