The Insurance Regulatory and Development Authority of India (IRDAI) has introduced new health insurance rules to enhance policyholder benefits and promote inclusivity. Key changes include faster cashless claim approvals within 60 minutes, higher penalties for insurers failing to meet these timelines, and increased accountability with insurers liable to pay interest on delayed claims. The waiting period for pre-existing diseases has been reduced to three years, and there is no maximum age limit for purchasing health insurance, making it more accessible for senior citizens.