What you need to know before buying a covid-19 health policy?
What you need to know before buying a covid-19 health policy? https://www.fundstiger.com/what-you-need-to-know-before-buying-a-covid-19-health-policy/ The Insurance Regulatory and Development Authority of India (Irdai) has mandated general and health insurance companies to offer standard covid-19 products, as the pandemic shows no signs of abating. Insurers are expected to offer these products from 15 July. The insurance regulator has also allowed all insurers, including life insurance companies, to offer short-term covid-19 products. However, regular health insurance policies already cover the costs for covid-19 treatment. Renu Yadav asked experts if there’s any real need for having specific products for the disease Current health policies can’t cover covid-19 treatment cost The current design of health policies isn’t able to adequately cover covid-19 treatment. Patients are reporting significant out-of-pocket payment of around ₹50,000-2,50,000 in spite of having en...