The health insurance industry in particular, as it was the most affected industry this year due to the ongoing COVID-19 pandemic, the industry went through a plethora of changes to provide protection to maximum number of people in India Talking about the health insurance industry in particular, as it was the most affected industry this […]
The Insurance Regulator and Development Authority of India (IRDAI) has brought in changes to the definition of pre-existing diseases. Through a circular dated February 10, 2020, IRDAI has deleted ‘the additional/modified clause’ in its current definition of pre-existing diseases. Experts say this move could bring in a reduction in the claim rejection rates in health […]
Just two decades ago, our lives bear a close resemblance to the pinball game. Meaning, we were the ball, diseases & sky-rocketing healthcare costs were the holding blocks. Both the factors continuously pushed us and there was no way out until IRDAI stepped in. The Insurance Regulatory & Development Authority of India came as a […]
In order to make the health insurance cover more customer-centric, a panel constituted by the Insurance Regulatory and Development Authority of India (IRDAI) has proposed several important changes to the existing health insurance exclusion rules. The revisions in the health cover are believed to make the coverage more comprehensive and efficient for the policyholders. The […]