One of the most common reasons for health insurance rejection is…not informing the insurer on time. ⏰
But why?
Well you see, insurance frauds are a big deal. 🎭
If there are too many fraudulent claims the insurer will go under and would be forced to increase premiums the next year.
To avoid this they keep a very small time frame ⏳ to make the claims reducing the chances of fraud.
For cashless claims, you need to inform the insurer atleast 2-3 days before hospitalisation if it is planned. For emergencies you need to inform within 24 hours after hospitalisation. 💵
If you’re unable to avail cashless facility all is not lost.
You can pay the hospital from your pocket and then get a reimbursement claim from the insurer within 1-2 weeks of receiving discharge from the hospital. 🏥
Obviously, this is not preferred coz the process is much longer.
➡️ Bottom line: Inform the insurer asap once you’re hospitalised !!
➡️Source: Coverfox
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