- The General Insurance Council (GIC) has introduced the “Cashless Everywhere” campaign.
- In the case of an emergency, they must contact the insurer at least 48 hours in advance.
- A cashless system can reduce fraud and encourage more people to choose health insurance.
To improve policyholders’ experience with treatment and payments, the General Insurance Council (GIC) has introduced the “Cashless Everywhere” campaign. To streamline the claims process, reduce fraud, and increase industry confidence, the program enables policyholders to seek cashless care in any hospital, regardless of whether or not it is part of the network.
In the case of an emergency, policyholders must tell the insurer within 48 hours after admission; otherwise, they must contact the insurer at least 48 hours in advance.
Health insurance
The cashless option is currently limited to hospitals with agreements with insurance carriers. Hospitals without such agreements might need reimbursement claims, which could cause the processing time for claims to increase.
A cashless system can reduce fraud, encourage more people to choose health insurance, and boost system trust, among other advantages.
Other cashless systems in India include the cashless medical facility run by the Ayushman Bharat Haryana Health Protection Authority for state government employees in Haryana and the cashless treatment facilities run by the Ministry of Health and Family Welfare at AIIMS New Delhi, PGIMER Chandigarh, and JIPMER Puducherry for beneficiaries of the Central Government Health Scheme. These programs are a reflection of the healthcare ecosystem’s growing tendency toward digitization.
In conclusion, the “Cashless Everywhere” campaign from GIC seeks to boost confidence in the healthcare industry, decrease fraud, and streamline the claims processing process.
