Thursday, June 26, 2014

Pre-declaring medical rates beneficial for customers

Wouldn't it help if you knew how much your bill would come to before getting admitted? You will know at once whether you can afford treatment in that particular hospital or not. You will also know how much of the treatment cost will be covered under your  policy. This can be a reality if insurance companies implement the Bombay High Court’s suggestion that they declare package rates for different ailments and make hospitals fall in line with their rates. The court said this in a hearing earlier this month, in response to a public interest suit which said package rates should be treated as entitlement and need not be dependent on hospital gradation. That is, the court wants insurance companies to offer the same rates for all treatments across hospitals, irrespective of the kind of haospital. 
http://www.myallagents.com/Predeclaring-medical-rates-beneficial-for-customers/details.html

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