The Delhi High Court chastised the Insurance Regulatory and Development Authority of India (IRDAI) for “turning a blind eye” to insurance firms’ non-compliance with the Mental Healthcare Act, warning that action will be taken soon.
The Insurance Regulatory and Development Authority of India (IRDAI), according to Justice Prathiba M Singh, was required to supervise insurance companies and ensure that they complied with the law.
The court made the remarks when hearing a woman’s plea after the National Insurance Company Ltd (NICL) denied her petition for reimbursement of expenses for treatment of schizophrenia on the grounds that mental illnesses were exempt from medical coverage.
According to the court, the Act went into effect in 2018 and stipulates that insurance providers cannot discriminate between mental and physical illnesses.
According to the court, it was IRDAI’s responsibility to ensure that insurance firms’ goods or policies complied with the Act.
The court stated that “IRDAI cannot turn a blind eye to insurance firms’ non-compliance with the Act,” and asked the regulator to obtain information from other insurers about any allegations similar to those made in this case.