Hospitals overcharging for treatment to be a thing of past; IRDAIs health insurance portal to curb this menace

Patients and health insurance companies have often complained about overcharging by hospitals and no solution has been found in this regard. Insurance regulator the Insurance Regulatory and Development Authority of India (IRDAI) is preparing a health insurance portal which will have information related to all health insurance policies and claims. Zee Business’ Anurag Shah reports

Claims indicated by hospitals to insurance companies and TPA will be via this portal. This portal will also have information on claim settlement.

The new portal will also help in catching fraudulent claims and will also tell if two hospitals are changing for the same type of treatments.

Planning for new health insurance portal

- Preparations ongoing for creating one portal for all kinds of health insurance policies and claims

- The portal is being created under the watch of IRDAI

- TPA and insurance companies will get information through this health insurance portal

- The portal will likely play a big role in determining fraudulent claims

- The portal will also help in finding out if the hospitals are overcharging for treatments

- The health insurance premiums will likely get reduced if fraudulent claims reduce

- It will be easy to know if different hospitals are charging differently for similar types of treatments

- IRDAI will have information related to all policies and claims