CASHLESS HOSPITAL NETWORK

All health insurance policies have a life-long renewal clause which the regulator has mandated. They cannot be rejected and your pricing cannot go up purely because you have a condition right now. So, certain benefits are inbuilt and benefits that t...

The digital platform, to be launched in 2-3 months, will speed up and standardise claim settlement process, leading to cost benefits for the insured.

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...

Till now, a health insurance policyholder can avail of cashless treatment only at network hospitals with whom the insurance company has tied up. Each insurance company has an independent network of medical service providers that they have a tie-up w...

IRDAI is planning to introduce two new features in the health insurance policy — a common network for hospitals for all health insurance policies issued by any health insurance or general insurance company across the country and a 100% cashless sett...

A survey has revealed that only about 0.2% Indians had made and received a health insurance reimbursement claim above Rs 10 lakh during April 2022-March 2023.

This is the eventuality for which people purchase health insurance so that they do not face difficulties during a health crisis. The regulator IRDA had released circulars on this issue twice s to make sure that insurance companies and network hospit...

Most policyholders buy a health insurance cover primarily for the wider cashless claim facility. Expanding the scope of the most sought-after feature of the health insurance policy will increase its attractiveness.

Earlier, only those network providers which were registered in the Hospital Registry ROHINI maintained by Insurance Information Bureau (IIB) could be empanelled by the insurers.

Network hospitals offer a cashless claim facility wherein the insurance company directly settles the claim with the hospital. One should check whether a nearby hospital is covered under this list.

The move should check delay in discharging patients, which in turn would make hospital beds available to new patients at a time when a second wave of coronavirus has crippled healthcare system across the country.

Union finance minister Nirmala Sitharaman too tweeted about this on Thursday evening saying: “Reports are being received of some hospitals denying cashless insurance. Spoken to chairman, Irdai SC Khuntia to act immediately. In March’20 Covid include...

"Reports are being received of some hospitals denying cashless insurance. Spoken to Chairman, IRDAI Shri SC Khuntia to act immediately. In March'20 #Covid included as a part of comprehensive health insurance. Cashless available at networked or even ...

In a recent circular, IRDA has put the onus of taking steps against medical establishments for deficiency in service on the insurer, the official said. There has been a sharp spike in complaints post COVID-19 outbreak that private hospitals are dema...

The regulator has also asked insurance companies to set up an exclusive grievance redressal system to solve the challenges faced by policyholders. Further, IRDAI has asked insurers to report to government agencies where policyholders’ interests are ...