PARAJUMBLES

PARAJUMLES

• A. As per the regulations, 7 per cent of polices written by a life insurer should be from the rural areas in its first year of

• business and gradually increase to 20 per cent in the 10th year and thereafter.

• B. With regards to the social sector, life insurers have to file details like the number of lives covered under the social sector

• in the reporting financial year.

• C. Regulator Irdai has asked insurance companies to file details of their business in the rural and social sectors, a move

• aimed at checking if they are fulfilling their obligations in these two areas.

• D. General and health insurers have to file details on the amount of premium procured in the rural sector as well as how it

• compares with their gross premium, They are also to report details about their business in the social sector.

• E. Irda (Obligations of Insurers to Rural and Social Sectors) Regulations, 2015 stipulates that an insurer has to furnish an

• annual certificate by the CEO or Principal Officer.

• F. It has asked life insurance companies to report the number of policies covered under the rural sector and the percentage

• these form in total policies written in a financial year.

CFBDEA

• . A. The administration is now moving against institutions that failed to comply with the provision, As early as in 2007, the

•  Delhi High Court had acted on a public interest litigation to lay down that 10 per cent of inpatient facilities and 25 per cent

•  of outpatient services be provided free of cost to the poor.

•  B. The effect of non-compliance was the repayment of the allegedly “unwarranted profits” the hospitals had made.

•  C. By asking five prominent private hospitals in the national capital to deposit nearly Rs.600 crore to compensate for their

• failure to treat poor patients, the Delhi government has drawn attention to the social obligation of healthcare providers in

• the corporate sector as well as the need for timely enforcement of applicable regulations.

• D. While the courts will have the final say on the dispute, the principle of opposing profiteering in the health sector cannot

• be faulted.

• E. The hospitals that have now been fined dispute any failure to treat the required number of indigent patients and plan to

• challenge the order.

• F. According to the Kejriwal government, trusts and registered societies to which public land was allotted to establish

• hospitals were required to earmark a percentage of their medical facilities and services for indigent patients.

CFABED