CASHLESS EVERYWHERE

While health insurers can sometimes be blamed putting customers through unending hardship in clearing claims, many a times it’s the policyholder who is at fault. A significant portion of these health insurance claim rejections can be prevented by as...

Insurers will have to clear a health insurance claim within three hours of receiving it from the hospital during discharge. Irdai has also given a window of one hour for clearing cashless claim requests at the time of admission. All you need to know...

Star Health & Allied Insurance expects 18-20% growth in gross written premiums this year, aiming to double premium income in four years. CEO Anand Roy discussed the company's strategies with Shilpy Sinha.

Political parties should be emulating those marketers who have already cracked New India. To narrow-cast our population as a fundamental oneness, courtesy technology and aspiration. Then to engage experientially, with customer-centric regional empat...

In Dhanas, a resettlement colony near Chandigarh's Sector 25, Congress, Aam Aadmi Party, and Samajwadi Party leaders are waiting for Congress spokesperson and former minister Manish Tewari. Tewari is running a high-pitched campaign with the help of ...

As insurance industry overcomes trust issues with data-backed claims payment, technology aids awareness, accessibility, and faster claims settlement using AI, machine learning, and drones. Initiatives like Cashless Everywhere provide personalized in...

The 'Cashless Everywhere' initiative by the General Insurance Council and insurers like Bajaj Allianz aims to provide hassle-free access to quality healthcare at any hospital, reducing financial burdens and ensuring prompt medical assistance for pol...

On paper, cashless everywhere is a great initiative as it aims to reduce out-of-pocket expenses of policyholders for medical treatments. However, health insurance policyholders need to keep a couple of things in mind before opting for a cashless eve...

Till now, a health insurance policyholder can get cashless treatment only at network hospitals with whom the insurance company has tied up. If it is a non-network hospital, the policyholder has to pay the entire amount from his pocket and then go th...

The General Insurance Council has introduced an initiative, 'Cashless Everywhere', to facilitate cashless hospitalization for policyholders even in non-empanelled hospitals. Hospitals with 15 beds, registered under the Clinical Establishment Act, ca...

While digital payments have picked up and a range of options is now available, its growth needs to be stronger to wean people away from using cash.

This is a sampling of some of the best content Ritesh Jain read through the week.

Despite mixed growth of digital payments the future is less cash, at least far less than the current 95%-plus transactions via cash and cheque books.

There are instances of banks reporting cash transactions to the police, of laws making money withdrawals punishable and our very own demonetisation drive.

Introducing people to digital payments through shock therapy is exactly the wrong strategy. It's lessened trust in banks and formal finance

As flash signs of mobile wallet companies crop up everywhere, the use of debit and credit cards is also increasing, signaling thousands of first-time users.

Senior bank officials have informed the government that patchy connectivity is currently a hindrance as they strive to onboard people to e-platforms.

Asserting that in 21st century India, there is no place for corruption, Modi said, "Corruption slows down growth and takes a toll on the dreams of the poor, neo-middle class and middle class."