The Insurance Regulatory and Development Authority of India (Irdai) has mandated that insurers cannot increase health ...
As part of the ongoing monitoring of insurance products offered in the Indian insurance market, IRDAI observed that there has ...
Steep rise in health insurance premium of senior citizens has been engaging the attention of Irdai and is a regulatory ...
The regulatory body has stated that insurance companies must seek approval before discontinuation of individual health ...
The insurance sector regulator said that as part of the ongoing monitoring of insurance products offered in the Indian ...
Insurance companies cannot increase health insurance premiums for senior citizens by more than 10% in a year. Here's more ...
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In a bid to protect senior citizens—the most vulnerable age group with limited income sources—from steep hikes in health ...
Insurance regulator Irdai has capped health insurance premium hikes for senior citizens at 10% per annum, citing steep ...
Irdai said insurers must seek its approval if they propose an annual increase of more than 10%, or if they plan to withdraw ...
The other reforms, for reasons unknown to me, have been deferred, but will likely be introduced in the very near future, says Ex-IRDAI member ...