There are very few companies offering insurance in Andhra Pradesh. With only a few recognized Ayurvedic hospitals or clinics, the number for insurance companies offering coverage is very low. At the same time, the industry also has a lot of quacks in the form of unregistered practitioners, massage parlours and herbal clinics.
Currently, an insurance of Rs 50,000 per annum is being offered for ayurvedic treatments in government clinics. The department of Ayush is trying to get new doctors to work towards setting up clinics which will be easy for the government to recognize.
Several bankers and insurance sector players, including SBI and LIC, are now offering insurance cover for Ayurvedic treatment to their staff and government employees. It is also to be noted that more than 78 Ayurvedic teams from Kerala rendered treatment to players during the Olympic Games.