You are here: Home » PF » News » Insurance
Business Standard

Going the cashless route for health insurance isn't truly hassle free

The hassles: It's available only at network hospitals, and even there, all claims may not get paid

Priya Nair 

With digitisation becoming a buzzword, insurance companies are aggressively promoting their cashless features. In line with this trend, Max Bupa Health Insurance recently reduced its pre-authorisation to 30 minutes. "The pain point for customers is that at the time of hospitalisation, they are left worrying about the claim and financial arrangements. People may not have money for the hospital deposit. Cashless offers this. From the time the patient sends us the request, it takes us 30 minutes to tell him or her whether the claim will be paid or not," says Anika ...

TO READ THE FULL STORY, SUBSCRIBE NOW AT JUST Rs 149 A MONTH

Key stories on business-standard.com are available to premium subscribers only.

LOGIN

EMAIL / USER NAME
PASSWORD
REMEMBER ME Forgot password?

Not a member yet ? Resister Now

Connect using any below

  • Don't lose the opportunity of saving $26.77 per month
  • Don't lose the opportunity of saving $26.77 per month
Total Amount
Rs. 0.00
To proceed, kindly select a subscription package

WHAT YOU GET

On Business Standard Digital

  • Access your subscription from anywhere. Be it your computer, tablet or smartphone using a browser or the App, Your Choice.
  • Access to exclusive content, features, opinions and comment, hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get all the news upates at the end of each day through E-Mail.
  • Pick the industry that you want to track. And get a daily news letter specific to that industry. Cut out the clutter.
  • And stay on top of your investments. Track stock prices in your portfolio
  • Access 18 years of archival data

On Digital

  • Seamless access to WSJ.com with your Business Standard digital account.
  • Experience the best of the Journal's reporting, video and interactive features.
  • Read about the people and events shaping business, finance, technology, politics, technology and culture.
  • Stay informed with newsletters - an easy way to get WSJ content straight to your inbox - making life easier on your busiest days.
  • More business executives read the Journal globally than any other publication.
*Note :
Our Partners are proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.
Offer valid for Indian residents only
Requires you to share personal information like PAN, Date of Birth, and Income.
*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)
* 1US$ = 67.50 INR.
*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital
RECOMMENDED FOR YOU

Going the cashless route for health insurance isn't truly hassle free

The hassles: It's available only at network hospitals, and even there, all claims may not get paid

The hassles: It's available only at network hospitals, and even there, all claims may not get paid With digitisation becoming a buzzword, insurance companies are aggressively promoting their cashless features. In line with this trend, Max Bupa Health Insurance recently reduced its pre-authorisation to 30 minutes. "The pain point for customers is that at the time of hospitalisation, they are left worrying about the claim and financial arrangements. People may not have money for the hospital deposit. Cashless offers this. From the time the patient sends us the request, it takes us 30 minutes to tell him or her whether the claim will be paid or not," says Anika ... image
Business Standard
177 22

Going the cashless route for health insurance isn't truly hassle free

The hassles: It's available only at network hospitals, and even there, all claims may not get paid

With digitisation becoming a buzzword, insurance companies are aggressively promoting their cashless features. In line with this trend, Max Bupa Health Insurance recently reduced its pre-authorisation to 30 minutes. "The pain point for customers is that at the time of hospitalisation, they are left worrying about the claim and financial arrangements. People may not have money for the hospital deposit. Cashless offers this. From the time the patient sends us the request, it takes us 30 minutes to tell him or her whether the claim will be paid or not," says Anika ...

image
Business Standard
177 22