IRDA

March 25, 2025 3:42 PM

AB PM-JAY enables Rs. 87 crore in cashless mental health treatments with 77,634 hospital admissions

Under Ayushman Bharat Pradhan Mantri – Jan Arogya Yojana (AB PM-JAY), the National Health Benefit Package has expanded to cover 1,961 procedures across 27 medical specialties, including 22 for mental disorders. As of March 21, 2025, 77,634 hospital admissions worth Rs. 87 crore have been authorized, providing beneficiaries with cashless treatment for conditions such as schizophrenia, autism spectrum disorder, and intellectual disabilities. The Government continues to improve mental healthcare...

Govt proposes to increase FDI limit in insurance sector to 100%, seeks public comments

The central government has announced several proposals aimed at reforming the insurance sector, including raising the Foreign Direct Investment (FDI) limit for Indian insurance companies from 74% to 100%. The move is part of broader efforts to foster growth and development within the sector. In addition to the FDI increase, the government is also proposing to enable insurers to offer one or more classes of insurance business and activities. Another key proposal involves reducing the required Ne...