In the wake of increasing instances of Covid-19 cases being reported under the Omicron variant, insurance regulator, Insurance Regula♕tory and Development Authority of India (Irdai), has clarified that all health insurance policies issued by all general and health insurance companies that cover treatment costs of Covid-19 also cover the costs of treatment t🧸owards the Omicron variant of Covid-19 as per terms and conditions of policy contract, according to a press release issued on Tuesday, January 3, 2022, by the regulator. Earlier, in another press release issued on April 1, 2020, Irdai had said that all the indemnity-based health insurance products that cover the treatment costs of hospitalisation offered by the general and health insurance compa🐼nies cover the costs of hospitalisation treatment on account of Covid-19. |