Bengaluru, Mar 11: The Insurance Regulatory Authority of India has asked insurers to settle all claims related to coronavirus expeditiously under existing health policies that provide for treatment of hospitalisation expenses.
It has also asked insurers to design products covering the cost of treatment of coronavirus that has fast spread across the world and also resulted in increasing number of infections in India. There has been over 3,000 deaths globally and 58 cases tested positive in India.
In order to provide need-based health insurance coverage, insurers are intro ducing products for various specific diseases, including vector borne diseases. "For the purpose of meeting health insurance requirements of various sections, insurers are advised to design products covering the costs of treatment for coronavirus," the IRDAI said in a circular.
The regulator said that under existing health insurance policies where hospitalisation is covered, not only the cases related to coronvirus disease (COVID-19) shall be expeditiously handled, but all the costs of admissible medic al expenses during the course of treatment, including the treatment during quarantine period, should be settled in accordance to the applicable terms and conditions of policy contract and the extant regulatory framework.
This would bring much needed relief to policy holders some of whom were facing difficulty in getting coverage for treatment takers to coronavirus. In the absence of clear information, a few hospitals were reportedly denying for forward such claims of policy holders to the insurers.
IRDAI has now said that all the claims reported under COVID-19 shall be thoro ughly reviewed by review committee before repudiating the claims. This would prevent blanket rejection of such claims.
But to get full claim for treatment of coronavirus, industry experts said, a person should be hospitalised at least for 24 hours. Most insurers do not c over outpatient treatment.
Comments
Y Governments, Police and Judiciary Silent over this serious matter? If Bajarangdala is taking weapon training it is not ((Desh Drohi)) ???
we cannot image India's future. if allow like, India will become Afghanistan if not taken any strict action definitely one day india will lose its all....
Fake news and Fake photo ... stop this nonsense CD .. Hahahaha shaji heltavne kelrappo .. andaman ge kaluhisabekanthe ... andu ameekondu koorappa saaku .. even if it is true , its not a surpise at all ... we must be armed to protect bharath mata ... we are not violating indian laws and we are using common weapons ... bholo bharath mata ki jai ...
MODI original collection next future plan to attack muslims....
RSS is another face of devil. Thisz terrorist and anti indian outfit should be banned immediately and all its assets be seized. Arrest the terrorists carrying out the training and debar them to Andaman Nicobar islands for ever.
So government itself supporting all this activities, then catching the innocent and framing as TERRORIST.
ALL FAKE NEWS..
where is Indian law here..
another face of ISS is RSS
Indian Taliban
these outfit is more dangerous than isis to the country....
#BAN RSS,BD,VHP# AND SAVE INDIA
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