Money Money Money: Here are some key changes proposed by IRDA in the new draft health insurance guidelines
Insurance regulator IRDAI has proposed some very important changes with respect to the inclusions and exclusions in a health policy. These draft norms make it mandatory for insurance companies to cover treatment cost arising from ailments relating to mental illness, depression puberty & menopause among others. The rules also lay down guidelines on covering pre-existing diseases. To understand the fine print of this very important move CNBC-TV18 spoke to B Subramanyam chief under writing officer at SBI General and Mahavir Chopra, director health & life at Coverfox Insurance Broking.
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