INDIA’S SUPREME COURT ISSUES NOTICE TO THE INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA
India’s Supreme Court has recently issued a notice to the Insurance Regulatory and Development Authority of India (IRDAI) for an explanation on the IRDAI’s failure in getting insurers to provide cover for mental illness treatments in their health insurance policies as prescribed by the Mental Healthcare Act, 2017 and the guidelines issued by the IRDAI on August 16, 2018.
It is heartening to note that, finally, mental health issues, which comprise a significant percentage of health problems in India, are being accorded some priority. We await further developments in this case, but hope that insurers act on their own without the Supreme Court having to prod them into action.
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