Around 33 big health insurance companies have joined the NHCX or National Health Claims Exchange - a centralised platform developed by govt to exchange insurance claims-related information. Times of India’s Durgesh Nandan Jha reported on this on July 15, 2024.
Until now, this exchange has occurred via multiple platforms, leading to increased processing time. NHCX use, govt sources told Times of India, will not only expedite the insurance claims process but it will also make the whole process transparent as the Insurance Regulatory Development Authority of India (IRDAI), the top insurance regulatory body of the country, will have access to the claims settlement status in real-time.
