Major changes in insurance quickly linked policyholders insurance companies hospitals.
Sources told Zee Business that the health insurance department may see a big change.
Sources say hospital plunder will cease and insurance companies will end.
This is the back of the cashless claim settlement problem encountered in some health insurance companies, such as Star Health Insurance.
Add Zee business as your preferred source
According to the source:
– Hospitals and insurance companies will be stopped from arbitrary use and robbery under the guise of unnecessary treatment and cashless treatment.
– The insurance company will not be able to refuse the claim without reason.
– Health Exchange begins this fiscal year.
– Policy holders, insurance companies and hospitals will become part of the exchange.
– Based on grade hospitals, treatment rates will be uniform.
– The Center has written to the United States.
– The state requires hospitals to be part of the exchange.
– Patients will receive standard and quality treatment anywhere.
– Uniform treatment will be required in every hospital.
Also Read: Bajaj Allianz and Care Health Insurance No Cashless Treatment: AHPI
Last month, Zee Business reported that the Association of Health Care Providers India (AHPI) directed all hospitals to suspend cashless hospitalization services for Bajaj Allianz general insurance and care health insurance.
Also Read: No Cash-free Rejection Case: Bajaj Allianz After Hospital Flags Obsolete
Meanwhile, in addition to working towards addressing any unresolved concerns, including tariff adjustments, by October 31, the Association of Healthcare Providers (AHPI) and Star Health & Allied Insurance have agreed to resume cashless services at AHPI-member hospitals starting on October 10. While senior industry executives and insurers negotiate an industry-level settlement, the agreement seeks to guarantee patients’ continue access to cashless care.
Medical Journal on Health and Life Insurance Cuts to Zero
At the 56th GST Council meeting held on September 3, Finance Minister Nirmala Sitharaman announced that the GST tax rate for personal health insurance policies was reduced to zero. This is a great relief for health and life insurance policyholders as they do not need to pay premium taxes. This has been implemented since September 22.
So far, policyholders used to pay 18% premium tax, and now reduce it to zero. This means that policy holders now only need to pay the basic premium. Read more
