Indian Insurance Company to Provide HIV-Positive People With Coverage
July 13, 2007
Chennai, India-based insurance company Star Health and Allied Insurance next week is scheduled to launch the country's first insurance policy that covers people living with HIV/AIDS, the Times of India reports.
V. Jagannathan, chair of Star Health, said, "At present, we have fixed the premium at" $74 annually. He added that the company plans to "revise that and lower the price in the next renewal." He added that the coverage scheme is awaiting Insurance Regulatory and Development Authority approvals, which the company hopes to secure by this weekend. K.K. Abraham, chief of the Indian Network for People Living With HIV/AIDS, said, "For someone with [a] CD4 count above 500 following proper treatment regimen and good nutrition," progression "from HIV to AIDS will take nearly 15 to 16 years." He added that the coverage is a "great sign for India's HIV population" (Sinha, Times of India, 7/12).
This article was provided by Henry J. Kaiser Family Foundation. It is a part of the publication Kaiser Daily HIV/AIDS Report. Visit the Kaiser Family Foundation's website to find out more about their activities, publications and services.