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1. Cashless Claim
With a cashless claim , you are able to receive treatment in a network hospital without having to pay the large medical bills in advance. The payment to the hospital is made directly to the insurer after the claim has been verified.
Cashless Health Insurance
Cashless health insurance allows you to receive medical treatment at a network hospital without paying hospital bills upfront. Instead of arranging large sums during a medical emergency, the insurer settles eligible expenses directly with the hospital. This makes hospitalisation smoother, faster, and far less stressful for patients and families.
What Is a Health Insurance Claim?
A health insurance claim is an official request that you make to your insurance company to cover the medical bills that are covered by your health insurance policy. When you are hospitalised or undergo a medical procedure, you can ask the insurer to pay the hospital directly ( cashless claim ) or reimburse you after discharge ( reimbursement claim ).
Difference Between Cashless and Reimbursement Claims
Cashless claims involve direct settlement with the hospital, while reimbursement claims require the insured to pay first and claim later.