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Government Acting Against Firms Violating Health Insurance Guidelines

The government is taking action against companies not authorised to sell health insurance but were doing so. Responding to a supplementary in the Question Hour, Minister of State for Finance Santosh Gangwar said the government was vigilant towards such acts by certain companies and investigation was on in some cases and fines have been imposed in a few cases.
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Government Acting Against Firms Violating Health Insurance Guidelines
New Delhi: The government is taking action against companies not authorised to sell health insurance but were doing so. Responding to a supplementary in the Question Hour, Minister of State for Finance Santosh Gangwar said the government was vigilant towards such acts by certain companies and investigation was on in some cases and fines have been imposed in a few cases.

In the written response, Finance Minister Arun Jaitley listed out 13 insurance companies which have violated health insurance regulations, circulars and file and use guidelines.

These include New India Assurance, Bharati Axa General Insurance, Bajaj Allianz Gen Insurance, Future General Insurance, L and T General Insurance, Shriram General Insurance, Max Bupa Health Insurance, United India Insurance, Cholamandalam M S General Insurance, ICICI Lombard and Reliance General Insurance.

Mr Gangwar said people were availing insurance schemes like Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana which provide insurance cover at a very low premium.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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