Mumbai :  General Insurance Council, which represents 25 non-life insurance companies, told the Bombay High Court that it was not possible for its members to come out with a pre-packaged compensation in the policies on the basis of sum insured and on the type of hospital.

“We cannot introduce pre-packaged rates for various ailments in insurance policies because hospital categorisation or gradation cannot be done easily”, said GIC in an affidavit. The court was hearing a PIL filed by activist Gaurang Damani, detailing hardships faced by mediclaim policy holders. GIC said there was a need to regulate healthcare and standardise the services.

(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

Free Press Journal