The ‘Cashless Everywhere’ System: A Boost for Health & General Insurance!

January 30, 2024
1 min read

TLDR: The ‘Cashless Everywhere’ system introduced by the General Insurance Council in India allows policyholders to receive cashless treatment in any hospital of their choice, even if it is not in the network of their insurance company. This initiative aims to make the claims settlement process faster and more convenient for policyholders. The system benefits users, especially senior citizens, who no longer have to worry about the hospital network or arranging cash for their treatment. Policyholders need to inform the insurance company in advance for elective procedures and within 48 hours for emergency treatment. The system is expected to reduce reimbursement rejections and benefit individuals in remote areas. It will also help reduce fraud and increase trust in the insurance system.

Under the ‘Cashless Everywhere’ system, policyholders can receive cashless treatment in any hospital, even if it is not in the insurance company’s network.

Policyholders need to inform the insurance company in advance for elective procedures and within 48 hours for emergency treatment.

The new system is expected to reduce reimbursement rejections and benefit individuals residing in remote areas.

This initiative aims to reduce fraud and increase trust in the insurance system.

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