Kumari Palany & Co

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IRDAI - medical insurance, not a waste - policyholders may visit the gym or perform Yoga!

Posted on: 09/Nov/2019 2:34:08 PM
The Insurance Regulations and Development Authority of India (IRDAI) has devised the regulations for those who have taken the medical insurance policies to offer concessions while joining the gyms or Yoga centre and while buying nutrition food items.

Until now, the medical insurance policyholders availed its benefit only while being admitted to medical centres and being treated as ‘in-patients’. Otherwise, there were no major benefits. Thus there is a large number of peoples who have paid the annual policy payment and availing no benefits at all from this policy. Thus, the concerned insurance companies only stand to huge profits!

In this scenario, IRDAI has come up with new regulations for these insurance companies. According to this, it has devised new regulations which imply the insurance companies take more interest in the health of their policyholders. The insurance companies can now offer some concession coupons to their policyholder to jin gyms or yoga centres and when they nutrition-rich food items.

The squad from the insurance company should facilitate the policyholders to be treated as outpatients, get medicines, and for physical check-ups.

With this initiative by IRDAI, it is expected that the medical insurance policyholders can avail a whole variety of concessions on the health-related fronts!

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