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Cashless hospital cover may return in a week
BS Reporter / New Delhi Aug 13, 2010, 02:47 IST

Corporate hospitals may restore cashless treatment to policyholders of the four public sector health insurance firms in a week.

Such hospitals as Apollo, Fortis, Max and Medanta will negotiate new package rates with individual third party administrators (TPAs) and arrive at an agreement in the next five to six days, a meeting of the representatives of leading private healthcare chains and the nodal TPA of the public sector undertaking insurance firms decided here today. Delhi-based Raksha TPA represented the insurance industry in today’s talks.

The TPAs are the facilitators between the hospitals and health insurance firms like New India Assurance, United India Insurance, National Insurance and Oriental Insurance.

Pervez Ahmed, managing director of Max Healthcare, who heads the hospital delegation on behalf of industry chamber Confederation of Indian Industry’s National Healthcare Committee, said the decision would be an interim one and a comprehensive agreement will be ready within a month.

He hinted that policyholders might have to pay different levels of premium, depending on the hospitals one opts for treatment.

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