What are cashless health insurance policies?
I would like to get an insurance policy that gives me cashless health care, what type of insurance should I buy? How is this better than a plan where I get reimbursed? I would like to get an insurance policy that gives me cashless health care, what type of insurance should I buy? How is this better than a plan where I get reimbursed? Answered by Dr Renuka Kanvinde (Assistant Vice President, Health Insurance Bajaj Allianz) A Cashless facility is where the insurance company directly pays the hospital for the hospitalization expenses. In this case, the patient need not pay the hospital from his pocket. Reimbursement is when the patient pays the hospital bills by himself and then submits them to the insurance company for reimbursement. Each insurance company generally ties up with certain hospitals, where cashless facility is available. These hospitals are called ‘Network Hospitals’. For a better understanding about network hospitals, you could read more about it health insurance policies. Our article about health insurance plans will help you make a more informed decision about choosing the right plan for you. Bajaj Allianz Health Guard offers an all-round health insurance policy that covers you and your family against medical expenses such as hospitalization, doctor’s consultation, diagnostic tests, medicines, ambulance, etc. With Bajaj Allianz Health Guard you and your family can afford the best treatment without having to worry about expenses and at a hospital of your choice. [Source:http://www.thehealthsite.com/diseases-conditions/what-are-cashless-health-insurancepolicies/]