Tuesday, November 6, 2007

IRDA Committee on health insurance of senior citizens submits report

Yes ,it is submitted.

Recommendations are;

IRDA to mandate all insurers to give health insurance to all senior citizens.

Insurers to offer variety of plans

Income tax cconcessions to be made progressive.

Policies to be made portable.

Insurers to offer plans based on healthy ageing.

Market size of senior citizens by 2010 will be 173 millions.

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