Irdai sets 3-hour limit to settle health claims - Times of India
Web21 hours ago · Irdai sets 3-hour limit to settle health claims. Irdai mandates quick claim settlements. Insurers must involve Claims Review Committee. Policyholders can choose policy for claims and may get ...
Irdai directs health insurers to decide on cashless ...
Web1 day ago · Irdai's Directive for Health Insurers: Health policy-holders can now avail premium discount in case of no claims in previous year
Health insurance: IRDAI sets 3-hour time limit to clear ...
WebHealth insurance: The IRDAI said that in emergency cases, the insurer should decide on the request for cashless authorisation immediately. Details here Read more: From Aadhaar card update to ...
No More Waiting! IRDAI Imposes 3-Hour Deadline On Health ...
Web14 hours ago · The master circular pitches for striving towards achieving facilitation of 100 per cent cashless claim settlement in a time bound manner. “To decide on cashless authorisation requests immediately and within one hour and final authorisation on discharge from hospital within three hours of request from the hospital,” it said.
Authorise cashless facility within 3 hours, IRDAI tells health ...
Web1 day ago · Cashless authorisation requests should be decided within one hour of the receipt by the insurers, final authorisation on discharge from hospital within three hours of request from the hospital and ...
Health Insurance Update: IRDAI Sets 3-Hour Time Limit For ...
Web13 hours ago · The IRDAI stated that in emergency cases the insurers must decide on cashless authorisation requests immediately.
Cashless claims within an hour and discharge from hospital in ...
Web12 hours ago · New Delhi [India], May 30 (ANI): The Insurance Regulatory and Development Authority of India (IRDAI) has directed the insurance companies to settle the cashless claims within one hour of hospital admission and the claim settlement with three hours of hospital discharge. The insurance regulatory IRDAI has issued a Master Circular for health …
IRDAI seeks life insurers' feedback on new framework for ...
Web10 hours ago · As per IRDAI’s draft proposal in December 2023, life insurers’ would have ended up paying ₹ 8,300 on ₹ 10,000 premium paid as Surrender Value which is 83% premium received. As per the rates fixed by IRDAI on Guaranteed Surrender Value, life insurers’ would have paid ₹ 3,000 on ₹ 10,000 premium paid which is about 30% on the ...
IRDAI's New Circular On Health Insurance | Aim To Boost ...
Web18 hours ago · IRDAI has issued a new circular on health insurance with the aim of enhancing transparency and service standards. This new master circular replaces 55 old circulars and has implications for ...
Health insurance rules: IRDAI asks insurers to decide on ...
Web1 day ago · Prashant Tamta. Regulator IRDAI on Wednesday released a master circular on health insurance specifying that an insurer will have to decide on cashless authorization within one hour of request. The master circular on Health Insurance products repeals 55 circulars issued earlier and it is a significant stride towards reinforcing the empowerment ...