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.
Source: news18.com
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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.
Source: india.com
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.
Source: freepressjournal.in
Health Insurers To Decide On Cashless Authorisation Within One Hour Of Claim Request: IRDAI
The Insurance Regulatory and Development Authority (Irdai) revoked 55 previously issued circulars and has issued a master circular providing strict timelines fo
Source: outlookindia.com
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Quicksplained: Why your health insurance claims may soon be settled in just 3 hours
The Insurance Regulatory and Development Authority of India has released a comprehensive master circular to improve inclusive health insurance and empower policyholders. The circular mandates that insurers decide on cashless authorisation within one hour and final authorisation on discharge from hospital within three hours of request
Source: firstpost.com