Does My Health Insurance Policy Cover COVID-19?

Living in a world with COVID-19 is now becoming the "new normal," and the question on everybody's mind is, does health insurance cover COVID-19 in India?

Standard health insurance firms must have a COVID-19 insurance coverage in their existing plans, according to the Insurance Regulatory and Development Authority of India (IRDAI). The IRDAI issued a circular on March 4 requiring health insurance companies to provide medical coverage for COVID-19, regardless of the policy a customer holds.

In addition, the IRDAI has announced recommendations about the COVID-19 health insurance coverage. The IRDAI previously instructed all insurance companies to accept any claims for COVID-19 expenditures. This implies that coronavirus-related medical expenditures will be covered under your current COVID-19 health insurance policy.

Several insurance companies have stated that the policy will cover pre-hospitalization, diagnostic imaging, appointment coverage if the policyholder tests positive from a medical professional, and quarantine-related expenses, primarily for isolated patients and only at authorized centers. According to your health insurance for COVID-19, this might include ICU costs.

And all costs are paid according to the policy's terms and conditions. As a result, it's a good idea to call your insurer and determine how much of your room and bed costs are covered under your coverage.