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.
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Dear sir,
Firstly Congratulations... Sir if possible Kindly visit at Kalaburgi KMDC branch and see how they disrespect poor students.. i also experienced . I feel deeply ashamed why am i poor why did i came here Look's like they're paying from their pocket.
Requesting you to take some action against them.
Congratulations Gafoor Bhai
Muneer khan
Muslim industries Associtation
Bangalore
Congratulation Mr.Gafoor bhai best of Luck
He is one of the leader since decade who is working for congress. Down to earth person and deserve the position. I wish him best for his new assignments.
Mabrook... Wish you all the best
Al Hamdulillah, Finally your efforts came true, Wish you all the best
MUBARAK HO
GOOD NEWS
BEST OF LUCK
GAFOOR BAHI
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Congratulation Mr.Gafoor. Wish you all the best.
CONGRATS GAFOOR BHAI...............
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