Cashless hospitalization is one of the seamless benefits that you get under the best cashless health insurance. You can get the settlement of your claim in two ways, either cashless or reimbursement. Most of the people prefer health insurance with cashless facility because it gives them the freedom to avail of the best health care facility without getting into botheration of arranging cash. However, health insurance with a cashless facility works only at the network hospitals. Your cashless claim can reject in non- empaneled hospitals. Therefore, it's good to acquaint yourself with the difference between these two types of hospitals. Read below their significant differences:
Network and Non-Network Hospitals
The hospitals empaneled with the health insurance company/TPA under the agreement known as network empaneled hospitals. During hospitalization, you need to get admitted to any of these hospitals and avail cashless hospitalization, subject to the policy terms and conditions. However, hospitals that are not under the contract with health insurance company/TPA are known as non-network empaneled hospitals. In case you get admitted to a Non-network Hospital, you have to settle your bills directly to the hospital on your own and then seek reimbursement.
Documentation and Formalities
Your health insurance with a cashless facility keeps you at bay from the cumbersome documentation and formalities. You can use your health card and intimate the customer support team and hospital TPA desk about hospitalization. However, in non-network hospitals, you must fulfill several formalities at the time of discharge and then further for the reimbursement process.
Arrangement of Cash
The major drawback of getting treated in a non-network hospital is the arrangement of cash immediately for treatment. You have to clear all the hospitalization bills regardless of the amount before discharge. However, at network provider hospitals, all the settlement will be done cashless. Under the best cashless health insurance, you can afford your treatment even when you are short with the cash.
Health insurance with a cashless facility helps you with the timely claim settlement of your hospitalization bills at the network hospitals. You also do not need to wait for a long time, as in other hospitals for reimbursement.
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Usually, the hospitals that have tie-ups with health insurance companies are listed on the official websites of the health insurance company, and you can get their information in a few clicks. You can choose the one that has a good recovery rate and near to your residence. But, for hospitals that are out of network, you have to search a lot to get their locations and details. It is not at all worth during a medical emergency.
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Thus, now you have a clear picture of in and out of network providers. So, it's always wise to check the list of network provider hospitals while choosing the best cashless health insurance. You can avail of health insurance with a cashless facility offered by Care Health Insurance (Formerly Religare Health Insurance). We have 11000+ network hospitals empaneled with us in different cities across the country. So, avail it today and save your cash for tomorrow.