CLAIM REJECTION
Why can your insurance claim get rejected & how to avoid it?
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 the customer can take, says Deepak Yohannan, CEO, MIC Insurance Web Aggregator
How to claim income tax refund online when filing ITR for FY 2023-24
How to claim income tax refund online: You may be eligible for a tax refund if you have paid more taxes than you owe. You can claim the refund when filing your income tax return (ITR) by the deadline of July 31, 2024 for FY 2023-24 (AY 2024-25).
Nearly 70% health claim users opting for reimbursement mode don't have enough liquid savings to pay bills: Survey
A recent study highlighted challenges faced by health insurance policyholders opting for reimbursement, often resorting to borrowing or dipping into savings for medical bills. Despite expanded coverage, 68% lacked adequate savings for expenses. Cashless treatment remains preferred, with 89% satisfaction, compared to 79% for reimbursements. Delays post-discharge also impact satisfaction.
MMA fighter's marriage proposal gets rejected by girlfriend before 20,000 fans after losing a match
It was a rather sad moment for MMA fighter Lukas Bukovaz who lost two very important things in a single night. For starters, he lost a crucial bout against Jan Michalek and then got rejected by his girlfriend when he proposed her for marriage in the same night.
Is your medical claim stuck? Find out why you face problems in health insurance claim settlement and how to avoid them
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 asking the right questions during policy selection, carefully reviewing policy documents, and conducting thorough research. This article explores common health insurance claim rejection scenarios and explains how to avoid them.
JDU's Lalan Singh rejects opposition claim of constitution in danger, says they want to stop constitutional bodies action
Amid opposition claims that the country's constitution is in danger, JD(U) leader Lalan Singh dismissed the accusations, stating that the opposition seeks government intervention to impede constitutional bodies from taking action against wrongdoers. Prime Minister Modi criticized the emergency period of June 25, 1975, emphasizing the importance of upholding democracy.
- Go To Page 1
6 questions to ask while buying a health insurance policy to avoid claim rejections later
How to buy the right health insurance policy that will pay for your claims on time? You can avert claim rejections by asking the important questions at the time of buying health insurance and reading the policy details and fine print carefully. Ask these questions while purchasing a health plan or at the time of filling a proposal form.
6 recent health insurance claim rule changes every policyholder should know
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 about the recent health insurance claim norm changes by the insurance regulator.
China's 'salami-slicing strategy' against Philippines in disputed sea
Ramming boats, building militarised islands and threatening perceived trespassers -- China is escalating confrontations with the Philippines in a bid to push it out of the South China Sea, analysts say. The militarised islands enable Chinese vessels to patrol as far south as Indonesia and Malaysia.
Labour Secretary Sumita Dawra chairs review meeting on EPFO reforms
Labour & Employment Secretary Sumita Dawra praised the EPFO's automation of claim settlements to reduce rejections, as per an official statement. In a review meeting, she emphasized the need for close coordination among officials to enhance social security. The EPFO's reforms aim for faster claim settlements and streamlined processes, significantly improving efficiency.
EPFO undertakes multiple systemic reforms to enhance ease of doing business; improve ease of living
EPFO rules: At a review meeting, chaired by labour secretary Sumita Dawra, EPFO said the number of auto transfers generated by the retirement fund body has increased threefold from two lakh in April 2024 to six lakh in May 2024 while more than 25 lakh advance claims have been settled on auto mode.
Motor insurance rule change: No arbitrary claim rejection, quicker claim settlement, pay as you drive option must, says IRDAI
Motor Insurance New Rules by IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) has updated the master circular clarifying important rules for motor insurance policyholders. The regulator has proposed the implementation of strict timelines for claim settlements of auto insurance policyholders. It is a crucial step towards improving efficiency and customer satisfaction. Another key change is the introduction of a customer information sheet (CIS) for auto insurance policies to enhance customer awareness.
General insurance companies can't reject claims for want of documents: Irdai
Irdai stated that general insurance companies cannot reject claims for lack of documents, introducing reforms in the business with a new master circular, repealing 13 others.
Paying rent in cash without a rent receipt? Know why your HRA claim may be rejected, and you may get an income tax notice
House rent allowance: Tenants will get into trouble with the income tax department if they are paying rent in cash and the landlord does not offer it for income tax. For every claim of HRA there should be a corresponding income offerred for tax. Read here to know how a tenant got into trouble because of this.
NCLT rejects JAL's claim of liquidity crunch due to delay in govt approvals, litigations
JAL has submitted that it is an "asset rich company", even after sale of cement plants to resolve the loans under Bucket 1 and Bucket 2A, assets like Real Estate Business - Noida and Greater Noida (about 11,000 flats) will remain with the company. Besides, it had other assets such as two 5 Five Star Hotels/Resort in Delhi, and one in Agra, two Golf Courses in Noida and Greater Noida, a Formula One Sports Complex and Cricket Stadium with Real Estate.
New EPF account rules in May: EPFO made these four major changes to the EPF account, claims process in May 2024
New EPF rules: The changes include an extended facility of auto-settlement, multi-location claim settlement, faster New rule for EPF death claim. Let us take a closer at each of these four changes.
Health insurance premiums can be reduced if you don’t make a claim, policy cancellations to be less costly and more: 5 rule changes
Health insurance rule changes: To make health insurance policy more inclusive, flexible and customer-friendly, IRDAI has recently released a master circular on health insurance business. The regulator introduces new measures regarding cancellation charges, standardising no-claim bonus, and increasing claim settlement transparency. ET Wealth Online explores how these regulations empower policyholders and improve their health insurance experience.
Health insurance claim rule change: Cashless claims must be cleared in 3 hours; insurer to pay hospital charges for delay in discharge, says IRDAI
Health insurance: The Insurance Regulatory and Development Authority of India (IRDAI) has released a master circular to streamline health insurance claim process. Previously, delays in claim approvals forced patients to stay in hospitals longer. Now, insurers have three hours to approve cashless discharge requests. Additionally, insurers will be liable for extra hospital charges due to delays.
New EPF rules: EPFO relaxes mandatory uploading of cheque leaf image, attested bank passbook for these cases
EPFO eases the requirement to upload image of a cheque leaf and an attested bank passbook. This move will help to expedite the settlement of claims filed online and reduce the number of claims that are rejected
EPF claim rejection: 8 reasons EPF withdrawal claim can get rejected
There can be a mismatch in the name mentioned in the EPF records with that of what is mentioned on Aadhaar. If there is a mismatch in the name, you should submit a joint declaration for along with the claim to correct it, as per EPFO.
20 year old woman stabbed to death in Hubballi for rejecting romantic advances
A 20-year-old woman, Anjali Ambigera, was brutally stabbed to death in Hubballi, Karnataka, allegedly by 23-year-old Girish Sawant, for rejecting his romantic advances. The incident has sparked outrage, with the victim's family accusing the police of negligence despite prior complaints. The police have launched a manhunt for the accused, who is currently on the run.
Health insurance claim rejection: Widow fights, wins Rs 28 lakh damage; pre-existing disease can't be free pass for claim denial
The Delhi State Consumer Commission ruled that an insurer cannot reject a health insurance claim solely based on pre-existing diseases if they weren't the cause of death. The commission directed HDFC Life (previously known as HDFC Standard LIC Co. Ltd.) to pay Rs 19.4 lakh along with the interest to a woman whose husband's claim was rejected for not disclosing diabetes. The insurer also has to pay Rs 1,00,000 for mental harassment of the complainant along with the litigation cost. This is a relief for those with common lifestyle diseases like diabetes. Read the full case and verdict in details. What do you need to keep in mind while buying health insurance policy to avoid claim rejection later. Find out here.
Health Insurance Claim: 43% policyholders faced difficulties, some had to wait an extra day at hospital, survey
Health Insurance claim: Many people in India are facing difficulties in getting their health insurance claim processed. "43% health insurance policyholders who filed a claim in the last three years struggled with getting it processed," as per a report by LocalCircles.
Baba Kalyani rejects claims of nephew, niece seeking family asset partition
Baba Kalyani filed his affidavit on Tuesday, stating that his nephew Sameer and niece Pallavi have no right to file and maintain a suit seeking partition of an alleged Kalyani Family HUF. According to him, the suit is filed by the siblings who by birth are members of the Hiremath family and, therefore, have no right to file and maintain a suit seeking partition of a Kalyani Family HUF.
Women who claimed to be mother of Ravi Kishan's child , turned away from DNA test
Shinova had filed a suit before a civil court here urging it to declare that she is the biological daughter of Kishan born out of his relationship with Aparna Soni.
Prosecutors ask Supreme Court to reject Trump's immunity claim in election case
Jack Smith, special counsel prosecuting Trump, emphasized the importance of justice and the rule of law in the unprecedented case before the Supreme Court regarding Trump's claim of immunity from prosecution for alleged 2020 election misconduct.
5 HRA tax exemption proofs you must have in case income tax dept asks
HRA tax exemption documents, proofs: House Rent Allowance (HRA) is generally part of an individual's salary structure. To save tax on rent paid during the financial year, an individual can claim exemption on HRA. However, an individual must have certain proofs apart from paying rent to claim HRA exemption and avoid rejection from the income tax department.
How to avoid rejection of EPF withdrawal claim; Steps provident fund member should take
EPF Withdrawal claim rejection: Many individuals are struggling to get their EPF money at the time of withdrawal. The reason for rejection of their EPF claim is due to mismatch in the details available in the EPFO records as well as in the EPF account holders' PAN, Aadhaar or incomplete KYC records. Here is how the EPF claim rejection can be avoided.
Load More
