Japan India hospital guidelines malaria Japan India

Insurers can soon launch standard health policies for dengue, malaria

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Insurance Regulatory and Development Authority of India (Irdai) on Friday released draft guidelines for the launch of standard health insurance products for vector-borne diseases by general and health insurers.

These diseases include dengue, malaria, filaria, kala-azar, chikungunya, Japanese encephalitis and zika virus.Insurance companies can offer any one or a combination of the vector-borne diseases and can price a policy for every covered disease separately.

These policies can have a waiting period of 15 days and the premium will be on a pan-India basis and no zone based pricing has been allowed.A standard product means that the coverage for a particular policy is uniform among all insurance companies.

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