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  • News From Press Insurers to report hospitals levying excess charges, denying cashless facility

    Insurers to report hospitals levying excess charges, denying cashless facility

    Irdai said while reviewing cashless requests, insurers are also advised to ensure that policyholders are charged as per rates agreed to by network providers wherever applicable
    Source: Mint Apr 26, 2021

    The Insurance Regulatory and Development Authority of India (Irdai) has asked insurance companies to report excess charges being levied by hospitals or denial of cashless facility to respective state governments for appropriate action.

    The regulator’s advisory has come amid reports that certain hospitals are charging high rates and insisting on cash payments from policyholders for providing treatment to covid patients, despite having a cashless arrangement with Insurers.

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