IRDAI has, time and time again, flagged gaps in the health insurance ecosystem. (Photo: iStock) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The government is reportedly in talks with Insurance Regulatory and Development Authority (IRDAI) as well as several hospital groups to explore ways of containing the unprecedented increase in health insurance premiums, which in turn, has inflated medical costs, reports The Economic Times .

Amid higher premiums, uneven claims settlements, the government and the regulator are mulling a series of interventions, including a potential cap on premiums, limits on agent commissions and tighter disclosure requirements.

The report suggests some of the government's suggestions have already been sent to the IRDAI.

In order to digitise an

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