Insurance Regulatory and Development Authority of India (Irdai) in its draft norms on health insurance said that insurers can provide discounts on renewal premiums based on fitness and wellness criteria.
In an exposure draft on Health Insurance Regulations 2016, Irdai said that insurers should try and promote wellness amongst policyholders of health insurance by offering health-specific services offered by network providers, such as outpatient consultations or treatments, pharmaceuticals or health check-ups or discounts thereon at specified network providers.
