Covid-19 cases are on a steady rise in India. On Sunday, the country reported the largest daily increase so far with over 1500 new cases.
To provide some relief to the infected policyholders, the Insurance Regulatory and Development Authority of India (Irdai) on Saturday said that health insurers have to decide on the authorization for cashless claims to the hospital within two hours from the time of receipt of authorization request.
Insurers will also have to communicate their decision on discharge within two hours of receiving the receipt of final bill. “Decision on authorization for cashless treatment shall be communicated to the network provider (hospital) within two hours from the time of receipt of authorization request and last