(a) whether the Government proposes to implement Mediclaim Portability for medicIaim policy
holders through which a policy holder will have an option of switching over the another insurance
company without losing bonus and other benefits ;
(b) if so, the details thereof;and
(c) the time by which such facility is likely to be implemented?
MINISTER OF STATE IN THE MJNISTRY OF FINANCE (SHRI PAWAN KUMAR BANSAL)
(a)to(c): Insurance Regulatory and Developm~nt Authority (IRDA) has informed that the General
Insurance Council(an as.sociation comprising of Chairman-cum-Managing Directors/Chief Executive
Officers of general insurance companies) is in the process of developing a health insurance policy
for Senior Citizens that would be standard across all insurers and therefore portable.The policy
is expected to be finalized shortly after which insurers would file it with IRDA as required by
the File and Use procedure of the Authority.