“The proof of concept worked very well. We have had a very encouraging response. That has led us to finalise the product. In the next few days, we will be releasing the final guidelines,” PFRDA Chairperson S. Ramann said on Thursday.
The regulator is hopeful of formally launching the product within about 30 days of issuing the guidelines.
Under the proposed structure, pension funds will tie up with insurance companies to offer subscribers a top-up health insurance product.
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