15 insurance companies providing coverage to homoeopathy in India

insurance1At least 15 insurance companies are offering products that cover various systems of AYUSH treatment, the government said in Lokhasabha.

Finance Minister Arun Jaitley told the Lok Sabha that the defined health packages under the Rashtriya Swasthya Bima Yojana (RSBY) and Senior Citizen Health Insurance Scheme (SCHIS) do not cover AYUSH treatment or medication.

Citing information provided by the IRDAI, he said “15 general insurance companies/standalone health insurance companies are offering products covering one or more systems of AYUSH treatment”.

The regulations of the Insurance Regulatory and Development Authority of India (IRDAI) enables general and health insurers to provide coverage for one or more systems under the AYUSH treatment, the minister said in a written reply.


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