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IRDA has no plans to dismantle motor 3rd party tariff regime:Khuntia

When asked about any possibility of  removing the third party motor segment from tariff regime S C Khuntia, Chairman, IRDAI, on the sidelines of the 20th Global Conference of Actuaries, said, “Often general insurers complain us that tariff was not adequate and they are bleeding due to the loss making portfolio.. However, if it is  detariffed, a cut- throat competition will begin. We are looking at various options on the issue.’’

Panel with IRDAI and NHA officials to strengthen health insurance ecosystem

The terms of reference for the joint working group will be to have a National Repository of Empanelled Hospitals under Insurance/Government schemes with defined standards for quality and package rates and codes,defining hospital infrastructure and facility audits to understand capacity of hospitals, specialists availability and developing a roadmap to get one common list of accredited/ verified hospitals for the entire Industry including ROHINI, NHRR, NIN and PMJAY databases.

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