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
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Health insurance cashless claim delay can't stop patient's hospital discharge; insurers must clear in 3 hours or pay for delay
Health insurance claim rule change: 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.
Source: indiatimes.com
Health insurance: IRDAI sets 3-hour time limit for insurers to clear cashless claims. Details here
IRDAI also said policyholders should be provided wider choices by the insurers by making available products/add-ons/riders by offering diverse insurance products.
Source: businesstoday.in
Online Insurance Policy Traps: Prevent And Protect Yourself From Loss
Mis-selling of insurance policies such as life, health, motor, property, or any other insurance, is not an uncommon practice. Consumers should be aware of dark practices that are designed to manipulate and mislead them into making purchases that are based on false ads.
Source: outlookindia.com
71% consumers take nutraceuticals on a regular basis; most do so without doctor's advice, prescription: Survey
Around 71 per cent Indians take nutraceuticals on a regular basis, as per a recent LocalCircles survey.
Source: businesstoday.in