Kunal @Kunaljain345 - Twitter Profile

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over 3 years ago

@iamsrk How do you decide which questions to answer during #AskSRK , so that I’ll follow those guidelines before asking you anything 🥺? @iamsrk

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The Cloaked Gaze 👀

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6 days ago

"Optimistic About Healthcare-Insurance Integration": Sarbvir Singh, Joint Group CEO, PB Fintech, on PB Health's Hospital Expansion & Bima Sugam's Impact on Policybazaar The Context Policybazaar parent PB Fintech has opened two hospitals under its PB Health venture in Noida and Gurugram Goal: build an integrated healthcare and insurance ecosystem Joint Group CEO Sarbvir Singh spoke on expansion strategy, potential impact of regulator's proposed commission framework, and whether Bima Sugam could affect Policybazaar's business Growth Plans First phase of hospitals will be in Delhi-NCR Planning 5 to 6 facilities Started with Noida, second facility inaugurated in Gurugram Vision: once admitted to a PB Health hospital, patients needn't worry about insurance or financing — system handles approvals Doctors have no incentive to admit a patient — system designed to be transparent On discharge day, created a process where a patient can go home within 30 minutes Learning From Others Who Struggled Players like Narayana Health tried healthcare-insurance integration but couldn't scale up Singh is "very optimistic" the model will work this time, backed by significant investment Believes aligning interests of hospitals, insurance companies, distributors and consumers creates shared incentives that make the model work Global examples show this model has been successful Hospitals joining the network will get significant patient volumes; customers get better experience; insurance companies benefit from lower treatment costs Confident others will follow the model once it proves successful On IRDAI's Revised Commission Structure Can't comment on specifics until the framework is known Comforted that IRDAI chairman and other members have consistently spoken about the need for term (life) insurance and health insurance Confident they'll come up with a framework that's fair to everybody On Term & Health Insurance Being "Discretionary" Under the new income tax regime, there's no tax benefit for insurance High cost of selling these products Risk: not enough incentive for people to market and sell these products — as a country, insufficient protection results On Bima Sugam as a Threat to Policybazaar View: if Bima Sugam launches and makes insurance more affordable, that's a good thing "We will gain, and customers will also gain" Belief: every Indian family should be insured — can't be achieved by Policybazaar alone; "we need help along the way" Core Theme: PB Fintech's foray into hospitals via PB Health marks an ambitious bet on healthcare-insurance convergence — a model that has eluded even established players like Narayana Health — with Singh betting that aligning incentives across hospitals, insurers, distributors and patients (via features like frictionless discharge and admission-linked insurance/financing) can succeed where others stalled; on the regulatory front, he strikes a conciliatory, non-defensive tone toward both Irdai's upcoming commission overhaul and the potentially disruptive Bima Sugam platform, framing both as net positives for market-wide insurance penetration rather than threats to Policybazaar's core business — reflecting confidence that scale and systemic alignment matter more than competitive turf protection in India's underpenetrated insurance market.