123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Insurance >> View Article

Things To Know About Cashless Mediclaim Policy

By Author: Easy policy
Total Articles: 20

Well, for all the health insurance benefits associated with your investment in medical health insurance, there are things to know about cashless mediclaim policy – things that would save you of unnecessary and avoidable surprises just when it matters the most.

Health Insurance Benefits: One of the obvious health insurance benefits associated with cashless mediclaim policy is that you would not have to shell out any payment at the hospital – rather, you could have the hospitalisation amounts settled from your insurance provider or TPA, which makes your visit cashless. However, there are strings attached with cashless mediclaim policy.

List of hospitals: Insurance providers that are in the business of health insurance would have tied up with a network of approved hospitals. You would have to approach only those hospitals that are in the approved network. In essence, the hospital that you approach for treatment should have tie-ups with the insurance provider. You could get a list of hospitals that are approved from your health insurance provider, which should help you with health insurance benefits from your cashless mediclaim policy.

Inform your hospital: Are you rushing to your hospital, knowing well that the hospital is in the approved list of network hospitals? Great! However, remember to inform the hospital right at the time of admission that you hold cashless mediclaim policy. And yes, you may not have to take cash along, but do remember to take your insurance card along with you.

Inform the TPA: The TPA is to be informed of an unplanned admission within 24 hours of admission. If it is a planned admission, you would be expected to inform our health insurance provider or TPA before 48 hours of the planned admission.

What else do you need? There is something called a pre-authorisation form. This needs to be filled in by the person who is insured under cashless mediclaim policy and handed over to the hospital. You do not have to worry about it any further than that, since the rest of it would be taken care of by the hospital.

Your claim needs to be approved. That, of course, is not just the last step, but is also a crucial one. Approval of your cashless mediclaim policy enables you to enjoy health insurance benefits associated with your health insurance policy. The health insurance provider would then be in touch with the hospital, advising them of the decision as well as the limits in terms of expenses to be incurred.

If you are unhappy about the services, you do have the option of health insurance portability, of course. With health insurance portability, you would not lose the continuity of your health insurance policy. However, if you follow the steps involved in cashless mediclaim policy, you should have no problems enjoying the associated health insurance benefits.

Total Views: 75Word Count: 464See All articles From Author

Insurance Articles

1. Young Drivers Choose To Be Behind The Wheels Over Luxuries, Says Survey
Author: Brijesh B.

2. Health Medical Insurance Agents And Dental Life Small Group Health Supplement Plan - California
Author: Stan Ofomata

3. Understanding The Working Of Payday Loans
Author: Broad Stevens

4. Learn How To Get Auto Insurance With No Down Payment, Free Expert Advice Online
Author: Janicel Porto

5. Bad Credit Auto Insurance - Get Expert Assistance
Author: Victor Cano

6. Check If You Can Get Approved For Cheap Auto Insurance With Bad Credit
Author: Terry Calvert

7. Ready To Pay Heavy Fines For Texting Or Calling At The Wheel
Author: Brijesh B.

8. Look For Public Liability Insurance In India
Author: Plan Cover

9. Fewer Than 8% Of Uk Businesses Know The Necessity Of Health Insurance For Their Overseas Employees
Author: Brijesh B.

10. Important Information On Marine Insurance Policy
Author: Plan Cover

11. Need Of Business Insurance In Business
Author: Michael McCullough

12. Best Car Insurance With Military Discount For Military Dependents
Author: Victor Cano

13. Indepenedent Insurance Agency In Lexington Can Meet Your Needs
Author: Shaun Michel is the author of this article.

14. Life Insurance Edmonton
Author: Life Insurance Edmonton

15. Take Motor Insurance In Dubai And Tread The Roads Tensionless
Author: Pibco

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: