#1
June 18th, 2016, 03:39 PM
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Health Insurance IRDA
Hey I want to know about the Health Insurance regulation of the Insurance Regulatory and Development Authority of India IRDA so can you please tell me some details
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#2
June 18th, 2016, 03:42 PM
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Re: Health Insurance IRDA
Hey the Insurance Regulatory and Development Authority of India, an agency of Government of India for insurance sector supervision and development. Well to improve service standards in the health insurance sector, IRDA issued guidelines standardizing 46 most commonly used definitions/terms/conditions in health insurance policies. The guidelines also include definitions of eleven common critical illnesses covered under various health insurance policies in India. Below I have given you the file which contain the details for the Insurance Regulatory and Development Authority of India Contents 1. Chapter 1 – Short Title and Commencement and Definitions, Definitions 2. Chapter II – Registration of Insurance companies who are exclusively doing health insurance business. 3. Chapter III - Product Design and Related Issues 4. Chapter IV – Renewability of Health Insurance Policies 5. Chapter V – Portability of Health Insurance Policies 6. Chapter VI - File and Use Procedure for health insurance products 7. Chapter V II- Protection of Policyholders’ Interest 8. Chapter VIII - Health Insurance Policy Servicing 9. Chapter IX- Third Party Administrators 10. Chapter X - Contract Between Insurer and Hospitals 11. Chapter XI - Submission of Information through Electronic Returns 12. Chapter X II- Valuation of Assets & Liabilities; Preparation of Financial Statements; Solvency Margin of Insurers and Other Issues Health Insurance regulation of the Insurance Regulatory and Development Authority of India IRDA more detail attached a pdf file; |