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Will common hospital empanelment slash India health insurance costs for policyholders
Economy
Published on 24 April 2026
Standard rates could replace insurer by insurer hospital pricing
India’s insurance regulator has rolled out a common empanelment system that asks all general insurers to onboard hospitals together under standardized terms and rates. Modeled on PMJAY-style empanelment, it could reshape bargaining power, reduce billing variation, and pressure insurers’ hospital costs. But the real impact on premiums and claims depends on adoption and contract enforcement.
- IRDAI mandates joint hospital onboarding under standardised terms and rates
- Hospital pricing may become uniform across insurers, reducing billing disparities
- Insurers and hospitals face new contracting and compliance requirements
- Lower costs for policyholders hinge on effective implementation
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times