IRDAI acts to increase health insurance penetration

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Announcement by Irdai is a significant development that frees health insurance providers to expand their health care network spectrum,

thus allowing multiple benefits of deeper insurance penetration in addition to encouraging strangeness in customer experience,

Sanjay Datta, Head, Under Writing, Claims & Reinsurance , “Sanjay Datta, Head, guarantor, claim & reinsurance,” Sanjay Datta, Head, Translation, Claims & Reinsurance, said Icici Lombard General Insurance Company Ltd, said.

According to him, Irdai’s steps are directed to ensure optimal outreach, which, in turn, will develop the industry.

While determining the criteria, the insurance company council, among others, considers especially the minimum workforce and health infrastructure facilities, “said Irdai.

Facilities without cash for health insurance policy holders in small cities and cities are expected to have a positive impact on the sale of health policies, an industrial official said.