<p>Health insurance companies are working towards launching Covid-19 specific products for giving financial leeway to those affected by the virus, officials said on Saturday.</p>.<p>Speaking at a webinar organised by the Bengal Chamber of Commerce and Industry, MD & CEO of ICICI Lombard Bhargava Dasgupta said coronavirus treatment at hospitals is now covered by indemnity policies.</p>.<p>Many companies are making efforts to launch Covid-19 specific products with provisions for home care, he said.</p>.<p>Dasgupta also said traditional health insurance covers only big-ticket hospitalisation, while smaller cases are left out.</p>.<p><a href="https://www.deccanherald.com/coronavirus-live-news-covid-19-latest-updates.html" target="_blank"><strong>CORONAVIRUS SPECIAL COVERAGE ONLY ON DH</strong></a></p>.<p>CEO of Aditya Birla Health Insurance, Mayank Bathwal, said indemnity policies cover 95 percent of the health insurance business in India.</p>.<p>He said regulator IRDA also allows flexibility to create new products.</p>.<p>Mahesh Balasubramaniam, MD & CEO of Kotak General Insurance, said the health insurance industry will start facing an increased number of claims due to rising Covid-19 cases.</p>.<p>However, the balancing factor will be lesser pre-planned hospitalisation unless it is an emergency, he added</p>
<p>Health insurance companies are working towards launching Covid-19 specific products for giving financial leeway to those affected by the virus, officials said on Saturday.</p>.<p>Speaking at a webinar organised by the Bengal Chamber of Commerce and Industry, MD & CEO of ICICI Lombard Bhargava Dasgupta said coronavirus treatment at hospitals is now covered by indemnity policies.</p>.<p>Many companies are making efforts to launch Covid-19 specific products with provisions for home care, he said.</p>.<p>Dasgupta also said traditional health insurance covers only big-ticket hospitalisation, while smaller cases are left out.</p>.<p><a href="https://www.deccanherald.com/coronavirus-live-news-covid-19-latest-updates.html" target="_blank"><strong>CORONAVIRUS SPECIAL COVERAGE ONLY ON DH</strong></a></p>.<p>CEO of Aditya Birla Health Insurance, Mayank Bathwal, said indemnity policies cover 95 percent of the health insurance business in India.</p>.<p>He said regulator IRDA also allows flexibility to create new products.</p>.<p>Mahesh Balasubramaniam, MD & CEO of Kotak General Insurance, said the health insurance industry will start facing an increased number of claims due to rising Covid-19 cases.</p>.<p>However, the balancing factor will be lesser pre-planned hospitalisation unless it is an emergency, he added</p>