Cashless mediclaim is the facility in which a policy holder is able to get the inpatient hospitalization treatment for free of cost. This treatment can be availed by showing the health care issued by the insurer and the medical bills of hospitalization, up to the sum insured, are directly settled by an insurance provider. In this case, an individual might require having the prior approval of TPA (third party administration).
An insured need not have to run around for the arrangement of funds at the time of exigency. But, he/she has to visit network hospital to avail the cashless mediclaim facility.
There are two ways to avail cashless mediclaim.
Apollo Munich Health Insurance Company offers an insured this facility of cashless mediclaim with its products. There is a large network of more than 4000 hospitals, where the clients can avail this feature and can get quality healthcare.
But, it is better to have the complete knowledge of the plan, its coverage limits, benefits and other facilities so that an individual might not have to face any issue at the last moment.