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IRDA cancels 15-bed rule for medical cover

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July 08, 2013 2:18 IST | India Infoline News Service
The Insurance Regulatory and Development Authority (IRDA) on Friday said that the circular restricting medical insurance for patients treated at hospitals with less than 15 beds has been amended.

The IRDA was responding to a writ petition filed by the Association of Medical Consultants (AMC), challenging the circular titled 'Guidelines on Standardization in Health insurance' released in February 2013.

The circular said that hospitals must have at least 10 inpatient beds in those towns with a population of less than 10 lakh, and 15 inpatient beds in all other places, to be able to offer medical insurance.

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