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 into 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.

This was stated by Minister of State for Finance, Shri Namo Narain Meena, in written reply to a question in the Lok Sabha today.

DSM/RS/ka

(Release ID :95158)

AYUSH coverage in mediclaim may be provided when treatment occurs in government or accredited institutions under regulation. Insurers may include coverage for AYUSH treatments where the treatment is received in a Government hospital or in institutions recognised by the Government or accredited by national quality bodies, making policy eligibility dependent on provider recognition or accreditation rather than the treatment category alone.