(a) whether taking into consideration the Ayurvedic and Homeopathic System(AYUSH) of
medicine the Insurance Regulatory Development Authority (IRDA) extends insurance coverage
for treatment under AYUSH systems;
(b) if so, the details thereof;
(c) if not, the reasons therefor;
(d) the steps taken/being taken by the Government in this regard?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)
(a) & (b): Insurance Regulatory and Development Authority(IRDA) has informed that the
insurance coverage to AYUSH treatments has been facilitated through the Regulation 5(1)
of the IRDA(HEALTH INSURANCE) REGULATIONS, 2013 which are published in the official gazette
and came in to force with effect from 18.02.2013. As per this regulation the insurers may
provide coverage to non-allopathic treatments provided the treatment is taken in a government
hospital or in any institute recognized by government and/or accredited by Quality Council
of India/National Accreditation Board on Health or any other suitable institutions. Insurance
companies like National Insurance Company, Star Health and Allied Insurance Co. Ltd., L&T
General Insurance Co. Ltd. are offering insurance cover for AYUSH.
(c) & (d) Not Applicable.