Digital health plan may make insurance products cheaper: Irdai member

Health insurance products calculated based on historical data will get better information, says T L Alamelu

The National Digital Health Mission — which aims to create digital health profiles of citizens — will not only be a boon for policyholders but also prove to be equally beneficial for insurers in better pricing of products. Chances are that prices of health insurance products could come down, after the adoption of the mission.

In an address during Assocham’s National E-Summit on Health Insurance, T L Alamelu, member non-life, Insurance Regulatory and Development Authority (Irdai), said, “The government has recently announced the National Digital Health Mission and the insurers need to take advantage of this. They must encourage people to