But now the Insurance Regulatory and Development Authority of India (IRDAI) has taken a big step in this regard. IRDAI has announced that the health insurance company will bear the entire cost of its treatment if a person who is undergoing health insurance is admitted to the hospital after getting the corona vaccine. IRDAI has also released a press release in this regard.
IRDAI has said in the press release that the people are confused about the cost of treatment, so we want to clarify that if a person, who has taken health insurance, becomes ill due to corona vaccination and is admitted to hospital, then all it’s hospital expenses will be borne under the insurance policy, but this does not include the cost of the vaccine.
The Insurance Regulatory and Development Authority of India (IRDAI) works towards education and protection of policyholders. Its basic goal is to make a gradual regulation of the insurance industry. It is headquartered in Hyderabad.
