Health insurance in India is set to undergo a major overhaul. The insurance regulator IRDA has put in effect its new norms on standardisation of health insurance policies.
Pre-existing diseases have been well-defined and there is a clear list of exclusions which have been permitted and those which have been disallowed by the IRDAI.
In an interview to CNBC-TV18, Amit Chhabra, head, health insurance, policybazaar.com and Harshvardhan Roongta, chief financial planner of Roongta Securities discussed these important changes.
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