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Cashless facility lets you avail the hospitalization benefits without any advance payments.When you buy a policy the insurer provides you a health card along with your policy documents.You can use the health card to access Cashless facility in network of hospitals facilitated by the insurance company TPA (Third Party Administrators). SO, the eligible medical expense, thus incurred, shall be settled by the Insurance Company directly with the hospital.
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Do all insurance companies offer cashless hospitalization?
Now-a-days most of the health insurance policies do offer cashless hospitalization facility and route your policy through a TPA. However you should be aware of terms and conditions of the policy and the list of network hospitals & Non- Network Hospitals.
What is Cashless Hospitalization?
Cashless Hospitalization is a facility using which a person who holds a health insurance policy can get admitted in a hospital and get himself treated without having to pay for all the medical expenses. There are a few things that the insurance does not cover, which the person would have to pay for, but otherwise the insurance company will pay for the rest of the expenses. Convenient, Right???
What is meant by the definition of cashless?
The definition of the term cashless is a person not having cash or physical money. A person who is cashless relies on monetary transactions that use electronic means.
Will a Cashless Society ever become a reality?
I do not know if you actually mean "cashless" or "casteless" however, I'll address both. A cashless society is virtually impossible since coin (or gold/silver) has become the traditional currency of commerce and trade. Cash, real or virtual, will continue to be the foundation of the global economic system.
What is cashless society?
Cashless society is having no money and ordering everything via the Internet :D
Why should I use a cashless stock option?
Cashless stock options are offered by many companies. You should check with your tax professional to find out if you should use a cashless stock option.
CONCEPT OF CASHLESS POLICY INTRODUCED BY THE CBN IN NIGERIA?
Yes, the concept of cashless policy was introduced in NIGERIA.
How do you choose the top health insurance?
Selecting a health insurance totally depends on individual to individual. However, some of the basic points which now a days people keep in mind are: - Coverage - Cashless facility available or not - Which hospitals are covered - Benefits - Enrollment criteria - Premium amount - Claim facility, etc
What is the name for cashless traders?
It is called bartering
What is cashless economy?
A cashless economy is an economy without cash, it uses digital money instead, transactions are made by digital devices such as mobile phones.
What does primitive facility mean?
A 'primitive' facility might be considered the opposite of a 'state of the art' facility. A facility which has few tools to work with.
What are the advantages of cashless economy?
Cashless and contactless payments can be a great thing especially now a days. It is a quick way to make payments, tip and save time. Through cashless tipping apps, one can take care of tipping properly. WeAreTipJar . com offers the best cashless tipping platform for businesses such as restaurants, retail stores, bars, hotels, etc. in UK. Sign up for employees tip jar now. wearetipja r. com / business/how-it-works/
