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
So happy to see at least in this business Green and Saffron goons are dealing with peace respect and harmony...ha ha.......
Others need to learn from them......(not to sell ganja) but to unite....
By the way these arrests are just to show that police not with them...
see here all parties are united. BJP, VHP BD will not stage protest or declare them terrorists. wtihin few days they will be out. Without the ingredients how these outfits servive?
In this business there is no cast community religion etc. no ghar wapasi,
Al Hamdulillah....im just imagining if its only Muslims involved then there will be different stories. they might get connections with PFI, SDPI,, Lashkar etc. they survived doing these dirty things along with other religion mate..
Anyway punish all of them like Saudi law especially for drug suppliers hanging in public by that no one else will do the same thing. if they release on bail they will continue the same.
State toppers in Smuggling
Toppers in...????
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