Insurance Regulatory and Development Authority
(IRDA) has informed that the insurance coverage to AYUSH treatments has
been facilitated through the Regulation 5 (1) of the IRDA (Health
Insurance) Regulations, 2013 which are published in the official gazette
and came into force with effect from 18.02.2013.
As per this regulation
the insurers may provide coverage to non-allopathic treatments provided
the treatment is taken in a Government hospital or in any institute
recognized by Government and/or accredited by Quality Council of
India/National Accreditation Board on Health or any other suitable
institutions.
Insurance companies like National
Insurance Company, Star Health and Allied Insurance Co. Ltd, L&T
General Insurance Co. Ltd, are offering insurance cover for AYUSH.
This was stated by Minister of State for Finance, Shri Namo Narain Meena, in written reply to a question in the Lok Sabha on 27April2013. [source]
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