The Insurance Regulatory and Development Authority of India has set new standards in the realm of health insurance. IRDAI sets a 3-hour time limit for insurers in approving cashless claims for Health Insurance. The IRDAI has mandated insurers to implement the required systems and procedures by July 31, 2024, to ensure full compliance.

Navigating health insurance can feel confusing, especially with all the complicated terms involved. Whether you’re buying health insurance for the first time or thinking about changing your plan, this health insurance glossary can help you make better choices about your coverage.

Whenever anyone is buying health insurance, knowing about empanelment hospitals plays a crucial role in ensuring that one gets access to quality medical services at times of need. Whether you are taking treatment in any hospital or going to the health care provider, getting empanelled with an insurance company means being part of their network of trusted partners.  

Loading in Health insurance is an additional charge added to the health insurance premium for individuals prone to higher medical risks. It's a practical risk management strategy determined based on an individual's age, medical history, or the risky nature of one’s profession, assuming he or she possesses no pre-existing health conditions.

In today’s digital era, buying health insurance has become more convenient than ever, with options to purchase policies online or through an insurance agent. While online platforms are gaining popularity due to their ease of access. But still many prefer the offline mode of buying health insurance through an agent.

Health insurance is one of the most important aspects of securing a financially stable and healthy future. With healthcare costs increasing every day, buying the right health insurance plan can ensure you get the necessary medical attention without worrying about finances.