The Insurance Regulatory and Development Authority of India (IRDAI) has said that in case of cashless claims under a health insurance policy, the claims should be settled as per the tariff decided by the parties in compliance with provisions of Regulation 31 of IRDAI (Health Insurance) Regulations, 2016. The regulator, however, said that insurance companies should make efforts to have agreements with health providers on the rates for treatment of COVID-19 similar to other diseases.
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