Mumbai, April 10 -- In an effort to improve policyholder experience and penetration of health insurance in the country, the Insurance Regulatory and Development Authority of India (Irdai) has constituted a sub-committee of the Insurance Advisory Committee. The insurance regulator notified the establishment of the committee and its members on 2 April, and then its role and scope, as well as the issues it will address. Mint looks at the major hurdles that the committee could address:

The committee will evaluate private health insurance, from claims and pricing to fraud control, to recommend innovations that expand coverage and boost consumer trust. It will also explore aligning private insurers with public health schemes to improve efficie...