Buy Affordable Cashless Health Insurance Plans

Cashless health insurance is a type of health insurance plan that provides a cashless claim facility to the policyholder. Under the cashless claim facility, the policyholder is not required to pay the hospitalization bill in the network hospital as the health insurance company will settle the bill directly with the hospital on behalf of the policyholder.

A cashless health insurance policy provides financial coverage to the insured during a medical emergency. It is an arrangement between the health insurance companies and the network hospitals, where the policyholder is not required to pay the medical bills.

Below mentioned are the specific items, treatments, and situations that are not covered under the cashless mediclaim policy:

• Registration Fees
• Admission Charges
• Service Charges
• Attendant Fees
• Consumable Charge

RenewBuy brings you the best deals on Health Insurance plans across the market. The key reasons for you to consider us are as follows:

• Compare Various Health Plans in Just a few Clicks
• Simple & Easy Buying Process
• 24x7 Claim Assistance

Below mentioned are some of the other popular types of health insurance plans in India:

• Family Health Insurance
• Individual Health Insurance
• Senior Citizen Health Insurance
• Critical Illness Health Insurance

A cashless mediclaim insurance plan is a type of health insurance plan that offers various benefits during a medical emergency. Below-mentioned are some of the benefits of cashless health insurance plans:

• Comprehensive Coverage
• Hassle-Free Cashless Claim
• Tax-Benefits
• Planned or Unplanned Cashless hospitalization
• Worry-Free Treatment

The following are the important factors that you need to consider before buying a cashless health insurance policy:

• Sum Insured Amount
• Coverage Benefits
• Network Hospitals
• Claim Settlement Ratio
• Co-Payment Option
• No-Claim Bonus
• Exclusions
• Waiting Period
• Add-on Riders
• Premium Amount

You can buy a cashless health insurance plan from the official website of the health insurance company and “RenewBuy”. Below mentioned are both the buying process of cashless health insurance policies:

Buy from the official website of the insurance company

• Visit the official website of the health insurance company and click on the “Health Insurance” tab.
• Choose the desired plan.
• Fill in all the required information.
• Click on the “Buy Now” button.
• Make payment.
• The health insurance company will send the policy documents to your email address.

Buy from “RenewBuy”

• Visit the "RenewBuy" official website.
• Click on the “Health Insurance” section.
• Fill out the form shown on the next page.
• Compare different health insurance plans.
• Choose your desired health plan.
• Click on the “Buy Now” button
• The next page will show you the plan details and the additional riders information.
• Click on the “Proceed to Buy” button.
• Make the online payment
• The insurance company will send policy documents to your registered email address.

The cashless health insurance claim process depends on the type of hospitalization, i.e. Cashless Planned Hospitalization or Cashless Unplanned Hospitalization.

Cashless Planned Hospitalization Claim Process

• Inform the hospital two days before the hospitalization.
• Fill out the pre-authorization form and submit it to the hospital or TPA.
• The hospital will send all the documents to the health insurance company for verification.
• The insurance company will verify the documents and provide their approval for the treatment.
• The insurance company will issue a confirmation letter to you(valid for only seven days).
• Once you receive the approval letter, you can admit to the hospital.

Cashless Unplanned Hospitalization

• Intimate your health insurance company within 24hrs of hospitalization.
• Submit the below-mentioned documents for the cashless process
  Xerox of insurance document
  Health Card
  ID proof
  Address Proof
  Duly filled claim form
• Submit the cashless claim form and submit it to the health insurance company
• After submission of the claim form, the insurance company will verify the documents and issue an authorization letter to the hospital.
• Now, you can take cashless medical treatment where you do not have to pay the bill amount as your health insurance company will directly settle it.

Below mentioned are the certain common required documents to file cashless claims:

• Duly filled and signed claim form
• Doctor’s Prescription
• Discharge summary
• Treatment details along with original medical bills and receipts
• Diagnosis reports and bills (ECG/Scan/X-ray, Lab test reports, etc.)
• Police first investigation report (FIR) in case of an accident
• Copy of Health card

Disclaimer: The information published in this article is for the reader′s reference only. The content of this information is to provide an overview of your health insurance needs and should not be relied upon for personal, medical, legal, or financial decisions; you should consult an appropriate professional for specific advice. The Company makes no representations about the suitability, reliability, timeliness, and accuracy of the information, services, or any other items mentioned on this subject for any purpose whatsoever.