Wednesday, October 30, 2013

Govt. directed insurers to settle RSBY claims within a month

Concerned over delay in settlement of RSBY claims, the Ministry of Labour and Employment, Government of India has issued a circular to insurance companies directing them to settle all claims under Rashtriya Swasthya Bima Yojana (RSBY) within a month.

“It has been observed that claims for even the period 2009-10 have not been settled by the insurance companies or have been rejected without giving any sound reasons", said the circular.

The direction came after the ministry received complaints from the government over delay in claims settlement by insurers and Third Party Administrators (TPAs).

RSBY is a health insurance project for 'Below Poverty Line (BPL)' families under the Ministry of Labour and Employment. It provides cashless insurance for hospitalisation in public as well private hospitals.

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