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
I don't know why alvas is doing like this.....in the sense all alvas student know that there is not one room in alvas which number starts from 13....and each alvas pu student know the story behind this.....but i can't understand whether it is true or false........because i'm student of alvas.
The reason of suicide is not due to warden harassment, of course to control the students wardens should be strict. Student has very bad habit of stealing the things of other friends and she caught several times. Warden might have warned her for her bad things. So took this step. She is very bad in her due record she was not paying the school fees, whenever she get money she spend the money for lavish life and in case of shortfall she steal money from other roommates also she is going other rooms and stealing the things from students. I know all these matters because she stolen from daughter's mobile also. Later when her cupboard checked all stolen things came out such as expensive mobiles, sandals, perfumes, cosmetics, jackets and Money. Please let me know anybody will tolerate this bad habit in any college.
Add new comment