IRDAI acts to increase health insurance penetration
” This advertisement by the IRDAI is a significant development that liberates the health insurance providers to broaden their diapason of healthcare network, therefore enabling the binary benefit of deeper insurance penetration besides encouraging seamlessness in client experience,” Sanjay Datta, Chief, Underwriting, Claims & Reinsurance, ICICI Lombard General Insurance Company Ltd, said.
According to him, the IRDAI’s move is directed towards icing optimum outreach, which, in turn, would develop the assiduity. ” While specifying the criteria, the board of insurers shall, amongst others, consider especially the minimal force and healthcare structure installations,” the IRDAI had said.
The cashless installation for health insurance policy holders in small metropolises and municipalities is anticipated to have a positive impact on the deals of health programs, said an assiduity functionary.