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Why IRDAI made cashless treatment necessary, know everything about it


new Delhi: Everyone knows that since the outbreak of corona has spread, everyone is taking a health insurance policy. Health insurance policy has 2 options in cashless payment and Reimbursement. It is now seen that many hospitals are refusing cashless treatment despite having a policy with the patient. So that the patients are suffering a lot.

Now, IRDAI, being strict on these things, has called for action against the hospital for refusing to do so, calling Cashless Treatment as the insured. In such a situation, it is important to know which options are better in Cashless and Reimbursement and what is the difference between the two?

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In case of cashless claims, the insurance companies (insurance companies) bear all the expenses incurred in the hospital in such policies. That is, from getting admitted in your hospital to being discharged, the insurance company will bear the medicines, tests, hospital and all other expenses. Yes, one thing to keep in mind here is that you have to give news of your recruitment to the company 48 hours in advance. That is, it covers planned hospitalization. But a 24-hour period is also valid in emergency situations. While taking this type of policy, you should note that there are more hospitals in your health insurance policy so that you can get treatment easily.

The other type of policies are Reimbursement Policy, in these policies you have to bear the entire hospital expenses automatically and later you submit the bill to the company. Which the company later returns to you. That is, REIMBURSMENT does all those bills. That is, in this policy, if you have to admit someone in emergency, then you have to manage all the money yourself. If you do not have money, then you have to take loan many times. Because the insurance company gives you money later. Many times the company also takes a lot of time to clear the claim of the bill (health policy claim process). This also causes a lot of problem to the policy holder.

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