Small Nursing Homes To Have Cashless Insurance Facility Soon

The Heath Insurance industry is planning to launch cashless insurance in small nursing homes. This scheme will cover patients belonging to the large middle-income group who usually opt for small nursing homes for treatment. Earlier, people belonging to this particular income group were unable to avail cashless admission in small nursing homes even though they had medical insurance.

Read More

Policybazaar exclusive benefits
  • 30 minutes claim support*(In 120+ cities)
  • Relationship manager For every customer
  • 24*7 claims assistance In 30 mins. guaranteed*
  • Instant policy issuance No medical tests*

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

*Tax benefit is subject to changes in tax laws. Standard T&C Apply

Back
Find affordable plans with up to 25% Discount**
  • 1
  • 2
  • 3
  • 4

Who would you like to insure?

  • Previous step
    Continue
    By clicking on “Continue”, you agree to our Privacy Policy and Terms of use
    Previous step
    Continue

      Popular Cities

      Previous step
      Continue
      Previous step
      Continue

      Do you have an existing illness or medical history?

      This helps us find plans that cover your condition and avoid claim rejection

      Get updates on WhatsApp

      Previous step

      When did you recover from Covid-19?

      Some plans are available only after a certain time

      Previous step
      Advantages of
      entering a valid number
      valid-mobile-number
      You save time, money and effort,
      Our experts will help you choose the right plan in less than 20 minutes & save you upto 80% on your premium

      In a cashless scheme, the patient does not settle the hospitalization expenses at the time of discharge from hospital. The settlement is done directly by the Third-Party Administrator (TPA) on behalf of the health insurer. This scheme is hassle-free and causes least discomfort.

      In 2010, insurers had put a stop to cashless admission in most nursing homes across Mumbai after irregularities in medical bills became unbridled. The city and suburban nursing homes are in talks with insurance companies to restart the cashless admission services. For now, this proposal of reimbursement insurance scheme is for nursing homes in Mumbai only.    

      “The talks have begun again with New India Assurance Co. Ltd. to position 150 nursing hospitals in Mumbai for the cashless service.”, said Dr Niranjan Agarwal, owner of Salasar Nursing Home in Bhayander. He further added that the insurance companies had problems with operations of small nursing homes because at that time, there were no standardized procedures for record keeping.  

      Bhaskar Sharma, Managing Director at State Bank of India, informed The Indian Express, “There has to be an understanding of the pricing between insurance companies and small nursing homes. Nursing homes’ quality differs from one another which also need to be examined.”

      Now, nursing homes have come together to form a voluntary accreditation body called the Forum for Enhancement of Quality in Healthcare (FEQH), on the lines of Quality Council of India (QCI), a central government accreditation board. This step is taken to introduce uniform standards for all network nursing homes.

      “We started FEQH, which is QCI’s Mumbai chapter. It follows norms laid down by QCI and will also follow transparent packages for patients apart from maintaining uniform records and complying with basic healthcare norms,” Agarwal said. According to the health insurance experts, the cashless service will “definitely help middle class patients,” but warn against possible irregularities.

      Search
      Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

      Health insurance articles

      Recent Articles
      Popular Articles
      Does HDFC ERGO Health Insurance Cover Dental Treatments?

      22 May 2024

      HDFC ERGO General Insurance Company offers various health
      Read more
      Does Aditya Birla Health Insurance Cover Dental Treatments?

      17 May 2024

      Dental insurance is vital in maintaining oral health by covering
      Read more
      Does Niva Bupa Health Insurance Cover Dental Treatments?

      06 May 2024

      Dental insurance covers regular dental check-ups and treatments to
      Read more
      Surgeries Covered by TATA AIG Health Insurance Plans

      26 Apr 2024

      Amidst the escalating healthcare costs nationwide, managing the
      Read more
      Surgeries Covered by Liberty Health Insurance Plans

      26 Apr 2024

      Liberty General Insurance Limited offers a range of comprehensive
      Read more
      How to Apply for Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY)?
      Ayushman Bharat Yojana is a flagship health insurance scheme launched by the Government of India to offer universal
      Read more
      Best Health Insurance Plans for Senior Citizens
      Senior citizens are the most prone to diseases. Considering the medical inflation in India, buying health insurance
      Read more
      Does Health Insurance Provide Coverage for LASIK Eye Surgery?
      A vast majority of the Indian population is suffering from vision problems. For some of them, LASIK eye surgery is
      Read more
      Zero Waiting Period in Health Insurance Plans
      Every medical insurance plan comes with a few terms & conditions, and the waiting period is one of them. A
      Read more
      Heart Surgery Cost in India
      Heart diseases are the leading cause of death across the globe. As per a survey by the World Health Organisation
      Read more

      top
      Close
      Download the Policybazaar app
      to manage all your insurance needs.
      INSTALL