News From Press Is a ₹5 lakh health cover enough for covid-19 treatment?

Is a ₹5 lakh health cover enough for covid-19 treatment?

While there is a cap on what private labs can charge for the covid-19 test, there is no limit on how much private hospitals can charge for treatment

Mint Apr 3, 2020

In a bid to lower confusion involved in the purchase of health insurance, the Insurance Regulatory and Development Authority of India (Irdai) in January this year mandated all health and general insurance companies to offer a standard product called the Arogya Sanjeevani policy starting 1st April 2020. As many as 29 insurers are now offering this product which comes with a maximum sum insured of ₹5 lakh.

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