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Now, Insurance Cos Need To Approve Cashless Claims In An Hour

May 30, 2024 12:24

The Insurance Regulatory and Development Authority of India (IRDAI) has brought in several reforms in health covers aimed to benefit policyholders.  The new norms will require insurers to approve cashless claims within an hour and provide final authorisation for discharge from a hospital within three hours. Insurers will also need to provide a one-month grace […]

Single Platform To Handle Health Insurance Claims 

May 24, 2024 13:56

All health insurance claims will be processed by hospitals and insurance companies through a single window – the National Health Claims Exchange (NHCX) soon.  Health ministry sources said that NHCX, developed by the National Health Authority (NHA), is ready and undergoing trials. It will have a standardised format to be followed by insurance companies to […]