What is Health Insurance Claims Settlement Process
Knowledge of your insurance policy and claims process will make your life easier
![](https://www.valueresearchonline.com/story/images/20160603_173000_20160603-Newswire-480px.png)
A health insurance claim can be delayed or rejected for a range of reasons, from administrative delays by hospitals to poor documentation, further inquiries by the insurer or even poor understanding of the policy by the policyholder. But you can prevent the claims process from turning sour by arming yourself with proper knowledge of your health insurance policy and the process involved in making the claim. Further, you will need to proactively engage with the hospital and the insurer to avoid delays.
Before buying a mediclaim policy:
- Make sure the policy covers hospitalisation
- Go through the policy's list of exclusions and waiting period
Exclusions are typically medical conditions and procedures that are excluded from the policy's coverage. Waiting periods may be applied after a policy is purchased overall as well as for specific diseases and pre-existing conditions.
- Note the co-payment and sub-limit clauses
- It is better if your neighborhood hospitals are in the insurer's network
- Make sure the policy is cashless since it means faster settlement of claims
While making a claim
- While getting admitted in the hospital know the insurance approval amount
- Keep the insurer informed as and when hospital costs exceed the approved amount
- Make sure the paperwork is in order a day before the discharge
- Ask the hospital's insurance helpdesk to prepare the relevant documents so that they can be sent to the insurer immediately before the discharge is ordered
Top 10 Tax Saver Mutual Funds for 2017 - 2018
Best 10 ELSS Mutual Funds to Invest in India for 2017
1. DSP BlackRock Tax Saver Fund
2. Tata India Tax Savings Fund
3. Birla Sun Life Tax Relief 96
4. ICICI Prudential Long Term Equity Fund
5. Invesco India Tax Plan
6. Franklin India TaxShield
7. Reliance Tax Saver (ELSS) Fund
8. BNP Paribas Long Term Equity Fund
9. Axis Tax Saver Fund
10. Sundaram Diversified Equity Fund
Invest in Best Performing 2017 Tax Saver Mutual Funds Online
Invest Best Tax Saver Mutual Funds Online
Download Top Tax Saver Mutual Funds Application Forms
For further information contact SaveTaxGetRich on 94 8300 8300
OR
You can write to us at
Invest [at] SaveTaxGetRich [dot] Com
OR
Call us on 94 8300 8300
0 comments:
Post a Comment