Home The News Cashless insurance back in all private hospitals, except Apollo

Cashless insurance back in all private hospitals, except Apollo

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Cashless insurance back in all private hospitals, except Apollo

Barring the Apollo group, cashless health cover services have been restored in all other corporate hospitals, after their managements agreed to the standard treatment rates negotiated by the public sector health insurance providers.

The rates fixed by New India Assurance, Oriental Insurance, United India Insurance and National Insurance after long discussions have been agreed to by the corporate chains, said G Srinivasan, chairman and managing director, United India Insurance. He did not specify the discount in rates offered by the hospitals to the insurance firms.

Speaking on the sidelines of an event here today at the Federation of Indian Chambers of Comerce and Industry, he said health policy holders can also get treatment from those (including Apollo) not in their (insurance firms’) preferred providers network (PPN), though the policy holder will have to then clear the bills upfront and later claim a reimbursement.

The PSU insurance firms had removed the names of hospital chains such as Fortis, Max and Apollo from their PPN list after a difference of opinion on rates. The insurance firms said they were losing money due to high claims and the big chains felt the rates sought by the former weren’t enough.

A deal was finally struck after the insurance companies brought the larger healthcare providers under a special category, A+, with a differential price tag, for their services. PSU insurance firms now classify healthcare providers as A, B, C, D and A+.

 

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Insurance Must for Foreign Students in Delhi University

Announcement by Delhi University Foreign Students Registry has declared that All the Foreign students must have some medical insurance, having evacuation clauses, before joining the University.

In a notification on DU website, students have been adviced to seek admission and provide medical insurance papers, to be eligible to pursue courses in India's premier university.