IRDAI vide reference no. IRDAI/HLT/REG/CIR/104/5/2022 has issued a Circular on ‘Modifications in definition of Critical Illnesses prescribed in Guidelines on Standardization in Health Insurance’ dated May 27, 2022 (Circular).
Major highlights of the Circular are as follows:
IRDAI has modified definitions of the following ‘Critical illnesses’ as defined in Chapter II of Section 1 of Master Circular on Standardization of Health Insurance Products bearing reference number: IRDAI/HLT/REG/CIR/193/07/2020 with immediate effect-
1. Cancer of Specified Severity
11. Multiple Sclerosis with Persisting Symptoms
18. Loss of Speech
A comparative analysis of the modification is placed herein below for reference-
Sr. No.
Critical Illness
Existing Definition
Modified Definition
Remarks
Source category: IRDAI
Attachments
- /2022/45_MODIFI~1.PDF
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