Insurance Regulatory and Development Authority (IRDA) has decided to allow health insurance portability to improve service and delivery in the insurance industry. IRDA in its new regulation claims “Persons shifting from one region to other regions are many times put to disadvantage due to lack of insurers’ office providing necessary policy servicing at the new location. Further, employees shifting from one organization to another organization many times lose health insurance cover due to lack of portability of the health insurance policies. It is essential to protect the policyholders against discontinuity and consequential loss of Pre Existing Diseases (PED) cover by making the health insurance plans portable across the insurance companies.” The portability feature will allow the policyholder to shift from one insurer to the other. Health Insurance Portability is going to be implemented from 1st July 2011. The most important feature is its portability, the feature that will allow switching to other companies without incurring losses. This will be beneficial for people who are not satisfied with their health policies or the services being provided.