Economy, Banking and Finance · 12 February 2026
All India Institute of Ayurveda (AIIA) signs MoU with General Insurance Council (GIC) for cashless treatment
Exam-focused facts from the 12 February 2026 current affairs briefing.
Key facts
- The All India Institute of Ayurveda (AIIA), New Delhi, signed a Common Empanelment Memorandum of Understanding (MoU) with the General Insurance Council (GIC) on 10 February 2026.
- AIIA has become the first Ayush institution in India to enter into a formal empanelment with the GIC to provide cashless treatment facilities.
- The agreement enables AIIA to be empanelled with all 32 general insurance companies under the GIC for eligible Ayurveda-based healthcare services.
- The Ministry of Ayush has launched India’s first dedicated Ayush Health Insurance Helpline with the toll-free number 1800-11-0008 to assist beneficiaries.
- The GIC is a statutory body established under the Insurance Act, 1938, and has been functioning since 2001 under the Insurance Regulatory and Development Authority of India (IRDAI).
- The MoU was signed by Prof. (Vaidya) P. K. Prajapati, Director of AIIA, and Shri Segar Sampathkumar, Director (Health) of the GIC.
- AIIA is the apex institute for Ayurveda established under the Ministry of Ayush and operates a 200-bed referral hospital with 25 specialty departments.