With a board-approved policy guidelines for AYUSH coverage and the IRDA has asked the general insurer to give policyholders an option to choose a treatment of their choice between Allopathic Treatment or AYUSH Treatment
Hyderabad:
In a bid to provide health insurance policyholders with an equal choice of choosing either Allopathic Treatment or AYUSH Treatment, the IRDAI has asked general insurers to put Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homeopathy (AYUSH) at par with other medical treatments in their health insurance products.
The new guidelines will be effective from April 1, 2024.
With a board-approved policy guidelines for AYUSH coverage and the IRDA has asked the general insurer to give policyholders an option to choose a treatment of their choice.
The new norms must include quality standards and procedure for enrolling AYUSH hospitals or day care centres as network providers for cashless treatment.
In recent times, AYUSH treatments have garnered increased popularity and have become an established branch of medicine. Considering the growing demand for AYUSH treatments, there is a need to consider these treatments at par with other treatments,” said the IRDAI.