Corona patients will get relief! Now insurance companies will have to settle cashless claim in 1 hour, IRDAI directive

Instructions given to insurance companies in Kovid case

Instructions given to insurance companies in Kovid case

Insurance Regulatory and Development Authority IRDAI (IRDAI) has made a big announcement to provide relief to Corona patients. IRDAI has directed the insurers to settle any health insurance claim related to Covid-19 within one hour of submission.

New Delhi. The Insurance Regulator and Development Authority of India (IRDAI) has directed insurers to settle any health insurance claim related to Kovid-19 within one hour of submission. So that patients get discharged soon. The IRDA directive came after an order from the Delhi High Court (Delhi HC). On April 28, the court asked IRDA to issue directives to the insurance companies. In fact, on April 28, the Delhi High Court has ordered the insurance companies to pass the bills of Kovid-19 patients in 30 to 60 minutes. The court said that insurance companies cannot take 6-7 hours to approve the bill, as it delays the discharge of patients. At the same time, people in need of beds have to wait a lot. Also read: SBI’s initiative in corona epidemic, temporary hospital to be built at a cost of Rs 30 crore Cashless claim to be settled in 1 hourIRDAI has asked all the insurance companies to inform all the concerned parties that cashless claims should be settled within an hour after the Kovid patient is admitted to the hospital and submits all the necessary documents. Patients will get relief IRDAI said that delay in discharge of patients in hospitals delays the recruitment of needy patients and patients are getting upset. Payment of insurance companies and TPA bills is delayed. For this reason, hospital administration is compulsively keeping patients on bed for 8 to 10 hours and needy patients are being deprived of getting beds. Following this directive from IRDA, the recruitment process and discharge of patients will be accelerated.
Also read: Gold Price Today: Gold becomes cheaper, prices fall by Rs 10,000 from record level, check latest rates Earlier, Irdai had directed that cashless claims should be settled within two hours. IRDAI has issued guidelines to policy holders to immediately inform their insurance companies about such discrepancies, stating that insurers can lodge complaints about hospitals with the respective state governments.




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