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
Looking at the arguments by Naik supporters it is not difficult to understand why he has billion followers..This world has more FOOLS than the intellectuals. All the bad things attracts more people.. this is the general law. These are the same people dreaming of going to heaven to enjoy 72 virgins while creating hell in the real word. The whole world laughs at their logics...Hahaha.
I think Arnab by now saw his videos in full context ... He and the indian media is silent...
I dont know how many of them are misguided by this cheddi reporter and make enemy the TRUTH.
I feel pity to cheddi member who doesnt use their intellect and watch the videos in full context so they could be spared from ignorantly harming others without knowledge which will be judged infront of the CREATOR who created U me and all the exists including the enemies of TRUTH.
Next, home minister will send inspection notice to RSS ???
If Dr. Zakir Naik is on right path, nothing will happen to him, his noble work and his organisation, in sha Allah. May Allah keep him on right path and teach good lesson to the enemies of right things.
Dr. Zakir Naik has got Billions of followers....he teaches how to get to right path towards peace....
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