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Insurance Regulatory and Development Authority (Irda) today asked all insurance companies to review the existing agreements with Third Party Administrators for providing health service.
This is in order to ensure compliance with the new regulations on health insurance.
The insurance regulator has asked all life, general, standalone health insurers and TPAs to not only review the active agreements, but also file the copies of revised agreements with Irda on or before July 31, 2013.
