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
instead of making new new small small gropus, better to \JOIN & ENCOURAGE\" the existing group (There are somany) at Mangalore itself!"
Masha Allah..
MAA SHAA ALLAH
Masha Allah great initiative!
May Allah accept it from them and grant them ability to do more work.
Aameen
Masha Allah great initiative!
May Allah accept it from them and grant them ability to do more work. Aameen
MashaAllah may Allah reward you
Masha Allah.. May Allah reward u.. ameen
Alhamdulillah.
Hazrat Khadija Radiyallahu Anha, Wife of our Beloved Prophet Muhammad(SAW) left behind a legacy of supporting and empowering people through her charity work.
Insha'Allah our sisters of HiF will carry forward the legacy .
Alhamdulillah, Hazrat Khadija R.Anha wife of beloved Prophet Muhammad SAW left behind a legacy of supporting & empowering people through her charity works.
Insha'Allah our sisters of HIF will carry forward the Legacy.
And matters relating to Non-mahram will be helped by their husbands.
Masha allah good work sisters (HIF womens wing) may allah accept it from you.
Aameen
Masha allah sisters (HIF womens wing) may allah accept it from you, may allah make this wing strong and helpfull in the society may bless and protect our muslim ummah.
Aameen.
Masha allah sisters (HIF womens wing) may allah accept it from you, may allah bless the muslim ummah,
Aameen
Alhamdulillah. May Allah accept all our good deeds ......ameen
Masha allah May Allah accept it from you and us
Masha Allah that's a good start. Need lending hands which is the need of the hour. Let make this women wing powerfull so they can face challenges in life.
Masha Allah. Good work. Keep it up.
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