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IRDAI allows policyholders to cancel policies, get refund

IRDAI allows policyholders to cancel policies, get refund
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Narendra bharindwalInsurance brokers association of indiaMotor third party liabilityCustomer information sheetSum insuredVice presidentInsurance brokers association

Health insurers to decide on cashless authorisation in an hour: Regulator

Health insurers to decide on cashless authorisation in an hour: Regulator
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Health care providersInsurance information bureau of indiaCustomer information sheetInsurance information bureau

No More Waiting! IRDAI Imposes 3-Hour Deadline On Health Insurance Claim Settlements

Insurer shall grant final authorisation within three hours of the receipt of discharge authorisation request from the hospital.

Sanjiv bajajHealth insuranceInsurance information bureau of indiaHealth care providersInsurance regulatorCustomer information sheetInsurance information bureau

Health Insurance Update: IRDAI Sets 3-Hour Time Limit For Insurers To Clear Cashless Claims- Read Details

The IRDAI stated that in emergency cases the insurers must decide on cashless authorisation requests immediately.

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Health Insurance: Cashless Authorization To Be Done In An Hour, No Claim Bonus May Be Awarded, Says IRDAI

The circular said, To decide on cashless authorization requests immediately and within one hour and final authorization on discharge from hospital within three hours of request from the hospital. This, as in many cases, hampered processing can delay the eventual discharge and could increase the cumulative fee on account of an extended stay.

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