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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 […]