News From Press Expect improved and innovative health products in 2017

Expect improved and innovative health products in 2017

Source: Mint Dec 26, 2016

The year 2016 saw some major changes in health insurance regulations. The Insurance Regulatory and Development Authority of India (Irdai) came out with the Health Insurance Regulations, 2016 in July. Standalone health insurers saw gross direct premium underwritten grow by about 35% between April and November. During this period, all the general insurers together saw a growth of about 32% in gross direct premium, according to data from Irdai.

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