IRDAI backs hospital ratings for standardisation of health insurance

Rating of hospitals would be an addition of this database, as will lead to more standardisation the health insurance segment

Insurance regulator, Insurance Regulatory Development Authority of India (IRDAI), is in favour of standardisation of health services through rating of hospitals for insurance claims.

According to a senior official at IRDAI, the regulator is consulting National Accreditation Board for Testing and Calibration Laboratories (NABL) for rating the hospitals.

Under the rating mechanism, insurers can charge on the basis of grades based on facilities like number of doctors or equipment in the hospital. For example, charges applicable in a three-star hospital would be different from a five-star hospital.  

IRDAI already has a registry of hospitals and medical day-care centres, in the health insurers and