IRDA ignores people's mediclaim pain

Insurance watchdog IRDA washed its hands of the controversy surrounding the PSU insurers withdrawing the cashless hospitalisation facility, even as industry bodies stepped up efforts to find an amicable solution to the row while medical insurance policy-holders are left writhing in pain during emergencies. It is a matter between the insurance companies and the hospitals, there is no regulatory issue... IRDA is not looking into it, Insurance Regulatory and Development Authority of India (IRDA) Chairman J Hari Narayan said over the phone. Concerned over the plight of patients holding mediclaim policies, industry body CII held a series of meeting with ...

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