The Right Policy For Mental Well-being

Every illness has its seeds in our psychology. The sudden alleged suicide of Bollywood actor Sushant Singh Rajput stirred up the debate of mental well-being once again. Actress Deepika Padukone, who has battled clinical depression and runs a foundation for mental health says one must reach out, “Talk. Communicate. Express. Seek help,” after Rajput’s demise. Insurance is readily available to treat mental health illness too, all clubbed along with general health insurance products. However, only a few insurers like Star Health Insurance and Bajaj Allianz General Insurance among others are providing comprehensive cover for out-patient or OPD and in-patient or hospitalisation charges. An illness that is mostly treated in OPD, often gets ignored by most insurers. However, recently the insurance regulator IRDAI has set new guidelines for insurers to change their approach...