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Health

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IRDA frames regulations on wellness benefits in health insurance products

Insurers will also ensure that the service providers under wellness / preventive programs have put in place appropriate mechanism to discharge their obligations by offering the agreed services or products under wellness program of every health insurance product. Other than the monetised value of the rewards points redeemed by the policyholders, no payments shall be made by insurers to the third party merchants.

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New FDA warning letters show Indian drug makers’ quality concerns persist

The latest regulatory crackdown shows US regulator’s stance is hardening toward lapses in quality control even as it seeks cheaper drugs to contain health care costs. Indian pharmaceutical factories collectively produce about 40 per cent of the American generic drug supply and have been faulted in the past by the FDA for everything from lax documentation to open toilet drains and malfunctioning equipment.

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Industries with pollution load in control need not seek permissions from ministries: Prakash Javadekar

“If your pollution load does not increase, you need not come to us again for permissions. With responsible care there will be responsible freedom. There has to responsible care and self regulatory mechanism as country won’t progress without it,” Javadekar said, asserting that he is not in favour of government ruling everything.

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