All health insurance policies to cover Omicron treatment cost: IRDA

In view of the recent spurt in COVID-19 cases, the Insurance Regulatory and Development Authority of India (IRDAI) said that all health insurance policies will have to cover the cost of treatment of infections/diseases caused by the Omron variant.

According to the press release, the regulator clarified that all health insurance policies issued by all general and health insurance companies that cover the cost of treatment of COVID-19 shall be governed by the Omron version of COVID-19 as per the terms and conditions. Also cover the cost of treatment. a policy contract.

Last year, the regulator issued a press release and said, “All indemnity-based health insurance products that cover the cost of hospitalization treatment offered by all insurance companies, will be applicable for hospitalization treatment due to COVID-19.” cover the cost.”

The IRDA press release stated that the insurance companies shall put in place an effective coordination mechanism with all their network providers (hospitals) to provide seamless cashless facility to all policyholders in case of hospitalization and speedy services to all policyholders. can be done.

Hospitals are also requested to honor the Service Level Agreements (SLAs) entered into with insurance companies for providing cashless treatment to health insurance policyholders.

With the rise in cases of Omicron, a new bulge of fear and sanctions is developing across the country. Several states, which harbored a second wave of the COVID-19 pandemic, announced a slew of rules to prevent the transmission of the new version of the coronavirus.

according to recent livemint According to the report, a total of 1,525 omicron type cases of coronavirus have been detected in 23 states and union territories so far. Maharashtra reported the highest number of 460 cases, followed by Delhi 351, Gujarat 136, Tamil Nadu 117 and Kerala 109.

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