As per human tendency people alway goes behind most easiest things and cashless on of this. In cashless policy companies are claims that they will provide you cashless facility during the treatment or hospitalization and they do but as per the policy rules and units and mostly time we misguide by our insurance agent because of his/ her sales targets.
In India mostly insurance companies are providing health insurance policy and there are few who is providing cashless insurance and its premium is little high than other insurance policy and one TPA is involved in during the settlement. The TPA (Third Party Administrator) authorised to do all paper work and authorized communicator of insurance firm. He have a rights to approve and rejects you insurance claim.
Most of the time we never read the term and condition and trust on our insurance agent and they most of the time miss guide us due to sales target. We should read term and conditions and features of policy or at-least check following things .
Total Units, Daily Room charges, Daily ICU charges, Weekly cash allowance, Minimum hospitalization day, Nearest hospitals, Is policy is cash less, Under cover Disease, Critical illness include or exclude etc.
Most of the time during the hospitalization, hospitals are recommends few unnecessary test because of they know that you have a health policy so be cautious during the time of hospitalization and ask to the hospital why is it necessary?. You should understand that insurance firm will not pay you 100% of claim.
I hope it is enough to understand before to choose any insurance policy. I recommend you to buy two health policy one any or other is MAX health Insurance at a time, Because one will protect you and bear hospitalization charges and another will recover your other loss. Max health policy will provide you cash reimbursement and it is an single policy where you can claim through photocopy of bills.
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Beema King leading insurance services provider firm of India. visit our website at BEEMA KING