Health Insurance Experts Blog

Higher Premium for Cashless Mediclaim at Large Hospitals - Can it work?

Pay higher premium, go cashless to big hospitals: insurance plan in the works To break the stalemate with big corporate hospitals, the four state-owned insurers are planning to introduce a new variant of health cover — the Premium Mediclaim. Subscribers will be charged a premium higher than that of a regular health insurance policy, but will be offered cashless facility at all major hospitals on the insurer’s network. “Big hospitals have agreed to revise . . .

Insurance Cos. give deadline to Large Hospitals for standardizing rates for cashless claims

10-day time limit for hospital NEW DELHI: The standoff between insurance companies and private hospitals over cashless treatment continues, defying hopes of millions of Mediclaim policy holders for an early resolution. The four major public sector health insurance companies, which control 80% of the business, have now set a 10-day deadline for four major chains of hospitals — Apollo, Fortis, Max and Medanta — . . .

Competition Commission of India to investigate cashless mediclaim issue

CCI to investigate cashless mediclaim issue The Competition Commission of India (CCI) may take up the cause for consumers who have been hit hard due to the new arrangement entered into by leading insurance companies. In the new arrangement, the insurance companies will stop making direct payments to hospitals on behalf of their policy holders a pre-requisite as per the cashless mediclaim policy they offer. According to . . .

Health Insurance Companies to extend cashless facility in emergency and trauma cases

Health Insurance Companies to extend cashless facility in emergency and trauma cases MUMBAI: In a major relief to health insurance policy-holders, public sector insurance companies have announced that cashless treatment will be extended to all hospitals in emergency and trauma cases. During a healthcare meeting with the Confederation of Indian Industries (CII) in New Delhi on Friday, New India Assurance Company chairman M Ramadoss said a patient who requires emergency and . . .

Feasibility of Health Insurance Companies buying equipment directly?

Insurers to buy equipment MUMBAI: After curtailing the list of hospitals eligible for cashless mediclaim, public sector health insurance companies are going further by proposing to order and pay for medicines and medical equipment themselves. They claim the move would help reduce the cost of medication and equipment by at least 20-30% in cashless claims, as hospitals are overcharging for the same. The . . .

Women distort their own Image, reveals new study!

women distort their own body image, reveals new study Men, have you ever wondered why women keep on asking the question, “Do I look fat?” every time they gaze in the mirror.  It’s because they distort their own image, as revealed by researchers from the University College London. Researchers revealed that women's brains ‘massively distort’ their own body image, creating a shorter figure which can be two-thirds wider and a . . .

Health insurance companies decide, not to honour bills submitted by hospitals

Kill bill, said the insurance firms The controversy began three weeks ago when a few health insurance companies decided not to honour bills submitted by hospitals for settling claims of their patients. The reason: Hospitals allegedly overcharged for their services and presented inflated bills to insurance firms who pick the tab on behalf of their clients. For instance, many private hospitals charge more than Rs 70,000 . . .

Want to know your renewal premium? Ask your astrologer

Courtesy the insurance companies, the malaise that was until recently the exclusive preserve of senior citizens has now become universal in its applicability. I am talking about the vagaries of what you may be called upon to pay as renewal premium on your health insurance policy. In case of senior citizens, every renewal has, for quite some time now, become a hurdle. . . .

Beware! Malaria is on the Rise

malaria is on the rise in India ‘3- fold rise in malaria this month’ scream headlines in a leading city publication. With Mumbai reeling under the Mumbai has recorded a total of 13,818 cases since July 1, it is reason enough to worry if one were to compare these figures to the 4830 cases reported last June. With 1.5 million cases of Malaria being reported in 2009, the . . .

Cashless Chaos: Making Sense of it All

Cashles Chaos: Making sense of it all News Flash:  “The General Insurance Public Sector Association consisting of four major state-run insurance companies - United India, New India, Oriental Insurance and National Insurance have decided to stop cash-less hospitalization in most hospitals” Shock and outrage are the two words that describe the reaction of most of the customers and media reports on this piece of news.  We demanded to . . .

RecentComments


SUPER SERVICE
Category
Medimanage in News