A Daycare Procedure in a Group Medical Insurance Policy is defined as any medical treatment, and/or surgical procedure which is undertaken under General or Local Anesthesia in a hospitalin less than 24 hrs because of technological advancement, and which would have otherwise required hospitalization of more than 24 hours. Treatment normally taken on an out-patient basis is not included in the scope of Daycare Procedure.
A Group Health Insurance Policy can be cancelled by the Insured or the Insurance Company by giving an advance written notice. The reason to cancel a Group Health Insurance Policy can be multifold.
Vidal Health Insurance TPA is one of the leading Third-Party Administrators with tie-ups with 12,000+ Network Hospitals and partnerships with top health insurance companies in India.
ICICI Lombard Group Health Insurance Policy is a comprehensive Group Mediclaim Insurance Plan offering features such as No Room Rent Capping, No Sublimits, Coverage for Pre and Post Hospitalisation Expenses and Maternity Benefits
Medi Assist TPA is one of India’s leading IRDA-approved Third-Party Administrators with a network of more than 15,000 network hospitals and tie-ups with 30+ Group Health Insurers in India. They were also awarded India’s best Third-Party Administrator by Asia’s Insurance Awards in 2020.
About New India Assurance Company New India Assurance Company is a leading General Insurance Company in India. The company was founded by Sir Dorabji Tata in 1919. The company has a presence in 28 countries with more than 2000 offices. What is a Group Health Insurance Policy? A Group Health Insurance Policy for employees pays for the […]
One of the important points while purchasing a Group Health Insurance Policy is to select a Third-Party Administrator (TPA). It’s essential to choose a Third-Party Administrator (TPA) who can provide efficient and reliable services. Paramount TPA is one of the leading IRDAI approved TPAs in India and this blog will provide a detailed overview on […]
A Group Health Insurance Policy provides reimbursement for the hospitalisation expenses incurred by the employees during the Policy Period. Group Health Insurance Policies are a popular choice for many companies as they provide coverage for a group of people at affordable premiums. The SBI General Group Health Insurance Policy is one such comprehensive Health Insurance […]
A simple claims settlement process is one of the important features of Group Health Insurance Policy and it is important for employers to understand the Claims Process under a Group Health Insurance Policy. A Group Health Insurance Claim is a request submitted by the Insured Employee under the Group Health Insurance Policy to claim reimbursement […]
What is the Full Form of TPA? The full form of TPA is Third Party Administrator. A TPA is an IRDA registered and licensed intermediary which acts as a mediator between the health Insurance company & the insured. The primary role of a TPA is to process health insurance claims, provide health insurance E-cards, and […]