IRDAI Launches Centralized Health Insurance Portal

This new portal has all the important information, such as treatment cost and cost of claims along with the complete information related to the 35,000 hospitals which are registered with the Insurance Information Bureau (IIB). As reported by The Economic Times, Mr. Nilesh Sathe, Member of IRDAI, said, "It's a unique initiative of IRDAI which, going forward, will help insurance companies and hospitals and all the insured under various health insurance schemes to get all relevant data at one place."

Those hospitals that are connected with insurance companies which offers cashless treatment have been given a unique identification number by IRDAI so as to help IIB monitor different patterns of health insurance claims for all these hospitals.

As quoted by The Economic Times, Mr. Sanjay Datta, said, "This is a good initiative for creating a unique identity for health providers in the country so as to understand each provider's unique need separately. It will help insurers understand various aspects of healthcare and various types of healthcare and treatment facility being provided by the 3,000 hospitals that fall under ICICI Lombard's network,"