Sentences with phrase «cashless facility»

The phrase "cashless facility" means a system or service where you can make payments without using physical money, such as coins or paper bills. Instead, you can use other methods like credit cards, online transactions, or mobile payments to pay for goods or services. Full definition
Yes, insurance companies offer cashless facility for hospitalization under travel insurance.
You can avail cashless facility at a network hospital or file a claim against your medical expenses later.
Even if you are covered by a mediclaim, you may not be able to avail of cashless facility for the same.
Also, all the health insurance plans provide cashless facility at 4000 + network hospitals.
HDFC Ergo Private Car Insurance plan covers damages to the insured vehicle, liabilities and accidentof the insured and offers cashless facility in over 3400 garages in India.
National Insurance Varistha Mediclaim Policy provides cashless facility for treatments in network hospitals
Chiefs of four public - sector general insurers met representatives of private hospitals today to settle the latest row on withdrawal of cashless facility on mediclaim policies....
HDFC ERGO has a network of over 6000 + hospitals which will provide you with cashless facilities.
The public sector insurance companies had to resort to rationalisation of rates for cashless facilities as they suffered a loss of Rs 2,000 crore because of overcharging by hospitals in Mumbai, Delhi, Chennai and Bangalore.
Third party administrators were introduced by the Insurance Regulatory and Development Authority (Irda) in 2001 which acted as the link between the hospitals and the companies and in turn allowed the insurance companies to offer cashless facilities on their products.
In case cashless facility is denied by HDFC ERGO inhouse claims services team (HCS) / Third Party Administrator (TPA)
«The insurance companies have decided to restore cashless facilities on a case - to - case basis.
Insurance companies have a network of hospitals, known as PPN, which offers health insurance services under cashless facility.
Insurers have stopped cashless facility for certain hospitals since 2010.
If cashless facility is approved by HDFC ERGO inhouse claims services team (HCS) / Third Party Administrator (TPA)
What is more, four public sector general insurance firms — Oriental Insurance, New India Assurance, National Insurance and United Insurance — stopped their mediclaim cashless facility at about 150 top hospitals in select cities, including Delhi and Mumbai, alleging over-charging by these hospitals.
The insured person can get cashless facility at quality hospitals.
The four state - owned general insurers have extended the application deadline by three weeks to September 24 for setting up a common Third Party Administrator (TPA), even as impasse over the suspension of cashless facilities continues.
Health insurance often includes cashless facility at empanelled hospitals, pre and post hospitalisation expenses, ambulance charges, daily cash allowance etc..
Cashless facility means you don't need to pay anything for repair work and your insurance company will directly pay it to the garage.
Moreover, take special care to notice whether the company settles the claims through cashless facility or by reimbursement.
The four state - run companies also made it clear that their move to restrict cashless facility to approved hospitals would bring down the costs for the insured.
The hospital authorities said that because of dispute between insurance companies and hospitals regarding reimbursement of medical bills, the hospitals have decided to discontinue cashless facility.
Smart options would be features like cashless facility, network hospitals near your campus, claim settlement procedure and past record of insurer — since you will be foreign to a foreign land.
In order to leverage cashless facility, you need to visit any of the network hospitals that fall under the network group of your insurer.
When getting treated at a network hospital, the insured person can avail cashless facility where the bills are paid directly by the TPA / insurance company to the hospital.
With MediRaksha policy, consumers can enjoy cashless facility across a strong network of 3000 + hospitals in India.
It covers the hospitalisation expenses and gives cashless facility at over 3200 hospitals across India.
Cashless claims at over 1500 Preferred Bajaj Allianz workshops pan India, 75 % on account payment when cashless facility is not available
Hospitalisation charges Pre and post hospitalisation charges Cashless facility Critical illness benefits Top - up policies Ambulance charges
With cashless facility, stay tension - free and cure yourself faster.
At present, an insured not availing cashless facility or receiving treatment at a non-network hospital, has to share original hard copies of claim documents with insurance provider to process health reimbursement claims.
TPA is an organization which processes claim settlement or provides cashless facility in a cost effective, timely and hassle free manner for both corporate and retail policies.
Network hospitals provide cashless facilities, with greater ease.
Under cashless facility, the policyholders do not need to first pay the hospitals and later claim the expenses.
The repair costs will be settled directly with the authorized garage in case of cashless facility.
Even if you are covered by a medi - claim, you may not be able to avail cashless facility for the same.
For an accidental claim, the insured can avail cashless facility at the network garages.
To offer cashless facility, insurance companies use a PPN or hospitals empanelled by TPAs.
So, one should not use the cashless facility as the only criteria to choose a health policy.
The insurance firms had agreed to extend the cashless facility only on «case - to - case» basis for the benefit of lakhs of mediclaim policy holders.
The hospitals have already restored the cashless facility for emergency, ICU, cardiac care and trauma cases.
As customers were left in a quandary post the suspension of cashless facility, the Insurance Regulatory and Development Authority (IRDA) in August came out with a circular stating that the policy holders undergoing treatment would continue to get cashless benefit even if the hospital where they are admitted is delisted by insurers from cashless cover.
The four PSU insurance firms — National Insurance, New India Assurance, Oriental Insurance and United India Assurance — had in July last year stopped the cashless facility in select private hospitals, alleging over-billing.
Most health insurance policies today offer a cashless facility whereby the insured does not have to pay for hospitalisation expenses out of his or her own pocket because the insurance company settles the bill directly with the hospital.
For example, you are admitted to a hospital that offers cashless facility and charged Rs 50,000 for treatment.
If however you choose a non-network hospital, the insurance company should be contacted within 24 hours of hospitalization with Star Health card number and other medical details to avail cashless facility.
For HDFC term plan policyholders, Cashless facility is permitted in case of hospitalization or surgery.
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