The article explored the impact of pollution and other factors on health, and how health insurance with a no-claim bonus can help. The no-claim bonus increases coverage or reduces premiums for claim-free years. It detailed cumulative bonuses, premium discounts, and conditions for retaining bonuses even after filing claims while emphasizing considerations when choosing an insurance provider.
The National Health Claims Exchange (NHCX) is a centralized platform developed by the government to streamline insurance claims processing. 33 health insurance companies have joined this platform, which aims to provide real-time claim status updates and enhance transparency in the process.
Health insurance rule change: The National Health Claims Exchange (NHCX) portal is set to simplify, accelerate, standardise the health insurance claim settlement process through the seamless exchange of information and documents between hospitals and insurance companies. For the the health insurance policyholders, the NHCX platform will speed up the claim settlement process so the waiting time to get discharged from the hospital will be reduced. What is going to change for health insurance policyholders?
If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the fifth part of this series, ET Wealth explains the difference between deductible and co-payment.
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.
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.
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.