Health Insurance for AYUSH Treatment
The Insurance Regulatory and Development Authority of India (IRDAI) notified Health Insurance Regulations in February, 2013, which inter-alia provide for insurance coverage to AYUSH treatments. In order to encourage insurers for providing AYUSH coverage in the insurance products offered, IRDAI (Health Insurance) Regulations, 2016 provide coverage for one or more systems covered under AYUSH treatment. These regulations also defined AYUSH Treatment covering treatments under Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy systems.
Through these regulations Insurers are enabled to design products offering AYUSH coverage in their Health Insurance Products.
Further, Ministry of AYUSH in consultation with representatives of Insurance companies, IRDAI and Hospital Associations has prepared guidelines for inclusion of hospitals and Ayurvedic treatment rates for insurance coverage.
This was stated by Minister of State Shri Santosh Kumar Gangwar in the Ministry of Finance in written reply to a question in Lok Sabha today.
Through these regulations Insurers are enabled to design products offering AYUSH coverage in their Health Insurance Products.
Further, Ministry of AYUSH in consultation with representatives of Insurance companies, IRDAI and Hospital Associations has prepared guidelines for inclusion of hospitals and Ayurvedic treatment rates for insurance coverage.
This was stated by Minister of State Shri Santosh Kumar Gangwar in the Ministry of Finance in written reply to a question in Lok Sabha today.
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