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Insurers, private hospitals need to formulate policy to address concerns of all stakeholders in India: Report

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January 2020

Currently, there are disparities in pricing of surgical procedures by private healthcare facilities

Insurers, private hospitals need to formulate policy to address concerns of all stakeholders in India: Report

The Insurance Regulatory Development Authority of India (IRDAI), insurance companies and private hospitals should come together to formulate a policy that addresses the concerns of all the stakeholders and does not impact the quality of surgical treatment in India, says GlobalData.

Recently, insurers and third-party administrators (TPAs) in India came together to standardise the prices of common surgical procedures such as angioplasty, kidney transplantation, cataract and hernia with a view to ultimately help both patients and insurance companies.

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