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Government Mulls Establishing a Health Regulator

Government Mulls Establishing a Health Regulator

In a significant development government is mulling over establishing a Health Regulator for achieving the target of insurance for all.

In a letter written by Secretary, Ministry of Finance  to Secretary Health & FW, it has been proposed that for achieving the target of insurance for all, insurance penetration needs rapid scaling up. In the case of health insurance there appears to be a need for establishing a Health Regulator for achieving this goal.

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The letter mentions that the National Health Authority is already making efforts to build the National Health Exchange, an idea which has been welcomed by the insurance industry. A Health Regulator would play a vital role in ensuring that this digital transformation aligns with efficiency of the providers ecosystem.

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A meeting of General Insurance Council with senior executives of leading insurance companies, National health authority and department of financial services is being planned to explore the possibility of setting up a Health Regulator so that health insurance is made more affordable and ubiquitous

Access the original letter through this link-

https://thepacemakers.in/assets/uploads/media-uploader/setting-up-of-health-regulator1703051178.pdf

 





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