Business Standard

Saturday, February 15, 2025 | 08:22 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

'Cashless everywhere' may cut claims cost, say insurance companies

The 'Cashless Everywhere' initiative aimed at making cashless treatment available for policyholders even in non-empanelled hospitals registered under the Clinical Establishment Act

Healthcare, health insurance
Premium

Representational Image

Aathira Varier Mumbai

Listen to This Article

The ‘Cashless Everywhere’ initiative in non-empanelled hospitals is likely to reduce the claim costs of insurance companies as it will help reduce fraud and provide seamless medical assistance to customers, insurance officials said.

The General Insurance Council on Wednesday launched the ‘Cashless Everywhere’ initiative aimed at making cashless treatment available for policyholders even in non-empanelled hospitals registered under the Clinical Establishment Act.

“Apart from being a great customer convenience and experience-centric initiative, this will also aid in better cost management. Reimbursement claims witness much higher incidents of fraud and abuse as compared to cashless claims owing to early intimation, direct

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in