News From Press Irdai seeks insurers’ views on coverage of vaccine cost

Irdai seeks insurers’ views on coverage of vaccine cost

According to the executive, who confirmed receiving Irdai’s communication in the first week of January, the move may lead to abuse and misuse of insurance policies, besides putting a heavy monetary burden on insurance companies

Mint Jan 23, 2021

The Insurance Regulatory and Development Authority of India (Irdai) has sought health and general insurers’ views on covering the cost of covid-19 vaccination under their existing plans, a health insurance executive said, adding that the industry body General Insurance Council has opposed the move.

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