IRDAI's Master Circular on Health Insurance Business (29 May 2024) mandates insurers to offer products covering all systems of medicine, including Ayush, at par with other treatments.
The Ministry of Ayush revised its Benchmark Rates for Insurance Coverage of Ayush Treatments in 2026 and signed an MoU with the General Insurance Council — via AIIA, New Delhi — at Ayush Chintan Shivir 2026 (16 April 2026) to enable common empanelment of all government Ayush hospitals.
A dedicated Project Management Unit for Ayush Health Insurance has been set up at AIIA, New Delhi, to support hospital empanelment and grievance redressal.
Statutory insurance regulator; mandated Ayush coverage parity via its 2024 Master Circular
MoU partner facilitating common empanelment of government Ayush hospitals with insurers
Maintains the ROHINI hospital registry used for insurer empanelment and claims processing
Establishes IRDAI as India's insurance regulator; IRDAI's 2024 Master Circular under this framework mandates Ayush coverage parity
GS Paper 2 > Governance > Health Insurance Regulation
In India, which of the following review the independent regulators in sectors like telecommunications, insurance, electricity, etc.? 1. Ad Hoc Committees set up by the Parliament 2. Parliamentary Department Related Standing Committees 3. Finance Commission 4. Financial Sector Legislative Reforms Commission 5. NITI Aayog Select the correct answer using the code given below.
Answer: 1 and 2
Recent policy development (2024-2026), likely recurring
Registry of Hospitals in Network of Insurance — a database of unique hospital IDs maintained by the Insurance Information Bureau of India (IIB) to streamline insurance claim processing.