India's insurance regulator takes action on health coverage gaps.

India's insurance regulator takes action on health coverage gaps. The Insurance Regulatory and Development Authority of India has established a seven-member sub-committee chaired by Irdai chief Ajay Seth to address critical challenges in the health insurance sector. The panel will evaluate claims processing, pricing mechanisms, fraud control, and product innovation to expand coverage and strengthen consumer trust. Key issues include medical inflation, delayed claim payments, and operational friction between insurers and healthcare providers. The committee will also explore alignment between private insurers and public health schemes to improve efficiency. Comprising regulators, policy experts, and industry leaders including executives from ICICI Lombard and Niva Bupa, the panel must deliver its first report with actionable recommendations within four months.