In order to guarantee that there is more coverage and that no one is turned away from the facility, Irdai is pressuring businesses to make sure that health insurance is offered to all age groups, as well as people with pre-existing conditions, mental health concerns, and women.

Sources informed TOI that instead of imposing specific guidelines, Irdai will keep an eye on how businesses react to the most recent laws.

Making sure the right products reach the market is the goal. According to a source acquainted with the discussions inside the Hyderabad-based regulatory agency, “The regulator has left it up to the market to decide the premium and other elements to address the requirements of the wider public.”