Insurance policies Corona Kavach and Corona Rakshak have turned out to be l...
- To aid, advise and assist IRDA in evolving regulations relating to health insurance in India
- To facilitate the creation and adoption of standard processes in the health insurance industry
- To help IRDA in collecting, maintaining and disseminating data required for efficient conduct of health insurance business
- To act as a consultative forum between insurance companies and other stakeholders
The new Health Insurance Forum would have representatives from all stakeholders in the health insurance segment - insurance companies, end consumer, hospitals, TPAs, IRDA, hospitals and many more. The forum is expected to meet at least twice in a year.
Given the importance and the growth being seen in this segment, this is indeed a very postive move by the Regulator.