Medical Insurance: This is how delays in approving claims can be avoided
Updated: 09 Aug 2022, 10:52 AM IST
TL;DR.Hospitals have an in-house claims settlement department that speeds up the coordination with Third Party Administrators or TPAs. TPAs are outsourced agencies that have been given the authority by the insurance company to sanction claims on their behalf.
Health insurance is a contract between the insured and the insurance provider that guarantees you financial protection in the event of a medical emergency.