Personal Finance

Term of the week: Network hospital

Bavadharini KS | Updated on February 17, 2019 Published on February 17, 2019

 

 

A health insurance policyholder can avail herself of cashless facility from a hospital only if the insurance company has a tie-up with that particular hospital, known as a network hospital. Every insurer has alist of hospitals empanelled or enlisted with them across the country, sometimes even abroad. This helps facilitate direct payment of medical expenses for policyholders. For instance, Bajaj Allianz health insurance has over 3,300 network hospitals and, Apollo Munich has over 4,650 across India.

Before you sign up for a policy, check the list of network hospitals and the quality of their services. Ensure that there are hospitals close to your home or work area.

Remember, though, that even if the hospital from where you are getting treatment is not a network hospital of the insurer, you will be compensated. The only difference is that you will have to pay out of your pocket and claim reimbursement at a later date.

Read further by subscribing to

The Hindu Businessline

What You'll Get

  • Web + Mobile

    Access exclusive content of the Hindu Businessline across desktops, tablet and mobile device.


  • Exclusive portfolio stories and investment advice

    Gain exclusive market insights from the Hindu Businessline's research desk.


  • Ad free experience

    Experience cleaner site with zero ads and faster load times.


  • Personalised dashboard

    Customize your preference and get a personalized recommendation of stories based on your intrest.

This article is closed for comments.
Please Email the Editor