InsureGurus

  What Is a Cashless Claim? Before the introduction of cashless facilities, you had to pay for hospitalization costs out of your own money before submitting an insurance claim for those costs. A reimbursement claim is what this procedure is known as. This forced families to always have some cash on hand to pay the hospital bill, receive the necessary medical care, and then submit an insurance claim for reimbursement. Insurance companies now have a list of hospitals where you can simply receive early approval from the insurance company, which means they will approve your claim and agree to pay the money directly to the hospital. This is due to the introduction of cashless facilities. This was established to lessen the stress on your family to manage papers and arrange a large sum of money. In a cashless system, the hospital and insurer communicate and exchange paperwork before the insurer pays the hospital the approved sum in full. Particularly if you are experiencing a planned hospital