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  1. 9 hours ago · LIC: Life Insurance Corporation (LIC) is advancing plans to acquire less than a 50% stake in a health insurance company, aiming to influence management decisions without seeking majority ownership. This move is part of LIC's strategy to capitalize on the rapidly growing health insurance market in India. Authored by: Anurag Shah.

  2. 19 hours ago · The percentage of premium attributable to administration increases for smaller firms, and is highest for individually purchased coverage. [229] A 2009 study published by BCBSA found that the average administrative expense cost for all commercial health insurance products was represented 9.2% of premiums in 2008. [ 230 ]

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