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Proposed amendments to IRDAI (Health Insurance) Regulations

Proposed amendments to IRDAI (Health Insurance) Regulations, 2016:

1.   Taking into consideration the dynamics of the insurance industry, the IRDAI (Health Insurance) Regulations, 2016 are comprehensively reviewed in order to examine the scope for allowing operational freedom to both insurers and TPAs while protecting the interests of policyholders. The extant regulations are also reviewed from the perspective of allowing further facilitations to the Insurers and the TPAs.

2.   The provisions proposed to be amended, modifications proposed and the rationale for the proposed modifications are in Annexure – A.

3.   The draft IRDAI (Health Insurance) (Amendment) Regulations, 2022 are in Annexure – B.

4.   All the stakeholders are requested to forward their comments / suggestions, if any, on the proposed modifications in the attached format by 6th March, 2022 to Pankaj.sharma@irdai.gov.in.

Exposure Draft

Also Read: Holding more than one Certificate of Registration to one group – IRDAI (Registration and Operations of Branch Offices of Foreign Reinsurers other than Lloyd’s) Regulations, 2015

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