Categories: Business

Irdai and NHA to develop National Health Claims Exchange to settle claims

Irdai and National Health Authority (NHA) will develop a National Health Claims Exchange as a digital platform to settle health claims. The National Health Claims Exchange will be developed as a digital platform, for settling the health claims. Chairman of IRDAI, Debasish Panda, has also proposed for creation of a working group with representation from industry. The working group will decide on how to attract more people to buy health insurance, by making the largest segment of general insurance in India.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Insurance Regulatory and Development Authority of India (IRDAI):

IRDAI is a regulatory body, set up under the jurisdiction of Ministry of Finance. It helps in regulating and licensing the insurance and re-insurance industries across country. It was constituted in accordance with the Insurance Regulatory and Development Authority Act, 1999. IRDAI headquartered in Hyderabad, Telangana. It was moved from Delhi to Telangana in 2001.

The National Health Authority (NHA):

National Health Authority implements India’s public health insurance or assurance scheme called “Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY)”. NHA was set up for implementing PM-JAY at the national level. In the States, State Health Agencies (SHAs) have been set up as a society or trust. SHAs have been given full operational autonomy, for the implementation of this scheme. SHAs are free to extend coverage of scheme to non SECC beneficiaries. NHA is the successor of National Health Agency, which was formed on May 23, 2018.

Important Takeaways For All Competitive Exams:

  • IRDAI Founded: 1999;
  • IRDAI Headquarters: Hyderabad;
  • IRDAI Chairperson: Debasish Panda.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Veteran Diplomat Vipul Appointed India’s Next Ambassador to Saudi Arabia

The Government of India has named Vipul who is a senior Indian Foreign Service (IFS)…

21 minutes ago

Which Island Belongs to Two Countries?

Let's Imagine you are walking a few minutes down a road and you just finding…

1 hour ago

Which City Receives the Monsoon First in India?

Every year in summer temperature soar across the India and millions of people are eagerly…

2 hours ago

Which Country Has Won the Most FIFA World Cups?

Every four years billions of football fans all around the world stick to sofas, stadium…

2 hours ago

Top Asian Countries in FIFA Men’s World Ranking (2026)

Football in Asia has continued to grow rapidly, with several Asian nations strengthening their position…

3 hours ago

MoSPI Releases Final Guidelines for District Domestic Product Estimates with New Base Year 2022-23

The National Statistics Office (NSO) under the Ministry of Statistics and Program Implementation (MoSPI) has…

3 hours ago