Mediclaim is a possible solution for protecting yourself against escalating healthcare costs resulting from hospitalisation due to an illness or accident, without incurring any out-of-pocket payments.

Simply put, health insurance companies have partnered with a network of hospitals around the country, known as “network hospitals,” to provide cashless services to its subscribers. After receiving treatment at one of the network hospitals, the insurance company will immediately settle any medical expenditures with the hospital.

In the event of a medical emergency, a cashless mediclaim coverage is a godsend since it provides total financial stability and peace of mind. In contrast to a reimbursement mediclaim policy, in which you must first pay medical expenses before being paid by your insurance provider, a cashless Mediclaim coverage is extremely advantageous in the event of a healthcare emergency.