Srinagar, Feb. 6 -- The J&K High Court today dismissed a petition by the Jammu & Kashmir government seeking a direction to restrain IFFCO-TOKIO General Insurance Company from exiting from the implementation of Ayushman Bharat SEHAT scheme in the Union Territory.

The Delhi-based insurance company had executed a contract with the J&K Union Territory for three years, commencing 10th of March, 2022. Ordinarily, the contract agreement would have subsisted till 14th March, 2025.

However, in November 2023, the insurer informed the government that it is not interested in renewing the contract further. The present policy ends on 14th March, 2024.

In response, the Chief Executive Officer, State Health Agency (SHA), J&K, asked the company to cont...