insurance regulator A strong case was made on Tuesday to cut spending health insurance Affordable for all.

Addressing the ‘Health Insurance Summit 2022’ here, the Insurance Regulatory and Development Authority of India (break up) Chairman Debashish Panda said higher operating and distribution costs, and hospital expenses in the form of indirect costs could be the factors affecting insurance pricing.

Panda said the pricing is probably too high, making insurance cover not available to many sections of the society. “We have to look at ways to reduce expenses to make insurance affordable,” he said, adding that it should not be too burdensome for insurance companies.