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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.

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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.

Health insurance new rule: Get full coverage during grace period despite unpaid premium, mandates IRDAI

New health insurance rule: To bring some much-needed relief to health insurance policyholders, Insurance Regulatory and Development Authority of India (IRDAI) has released a master circular on Health Insurance Business. Typically, most health insurance plans offer a grace period, a buffer to pay premium of your insurance policy. Earlier, health insurance grace period offered a buffer to pay premiums but no coverage for claims during that time. IRDAI s new rule mandates coverage during the grace period. What changes for the health insurance policyholders. How is this new move going to impact them? Read here to find out.

Good News for Policyholders: IRDAI mandates insurers to clear cashless claims within 3 hours!

Good News for Policyholders: IRDAI mandates insurers to clear cashless claims within 3 hours!
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