Insurance policy: Cashless Claim settlement and new Rules 2024
- M.R Mishra
- May 30, 2024
- 1 min read
Pre-authorization at the time of admission must be completed within 1 hour.
Insurers are required to have the necessary systems in place by July 31, 2024.
Final authorization at the time of discharge must be completed within 3 hours. If this is not achieved, the insurer must settle 100% of the claim without any deductions.
If there is any delay beyond three hours, the additional amount if any charged by the hospital shall be borne by the insurer from shareholder’s fund."
HMFusa, the official website of Hyundai Motors is the financial services branch of Hyundai Motor America. It offers customers the opportunity to finance or lease an automobile for any person who is thinking about getting into a Hyundai vehicle in the United States of America.