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
Ha ha naren ....
Dear nothing happened...people are cool ...if khujlee...the majority of Indians are your brothers......Bhai relax.....no fools will burn notes till the last moment.......tax officials and auditors are giving plans to escape....burning is Bjps naatak...anyhow RSS was informed before and the changed Chaddeez to Pants with the black money they had......because khujlee was not....
hahaha faizhal bhai ... black money yella settle ment jora ? ... burnol business jora ? itch guard business thumba joranthe howda ...
looks like it is counterfiet currency , so they burnt , behind we can make out which area is that ... hahaha ... this area is dominted by one particular community ... so this type of things are expected as they got frustrated ... papa ISI handlers are at loss ...
Foolish BJP people just want to show public....see people started throwing away black money...ha ha....they are good in fooling their bhakts who are having the jai jai mantra..
Foolish people .... why to burn the currency .... Deposit 2 laks in each persons account and make it white .... Each family of 5 members can help to convert 10 laks black money in to white .... Instead of burning, donate to the poor people / relatives and advice them to deposit in their bank accounts .... 2 laks per person .... in this way, your headache is gone ... Indians got white funds and poor people / relatives are benefited .... So many benefits with one master stoke ... Naren, Bupa, kaisa hai idea ....
Should have distributed amongst poor people around....
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