ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Deductible in health insurance is the amount you have to pay before the health insurance company begins paying up the claim amount. This means the insurer is bound to pay the claim amount after it exceeds the deductible amount.

Detailed explanation-2: -Deductible is the amount that a policy holder has to pay before the insurance company starts paying up. In other words, the insurance company is liable to pay the claim amount only when it exceeds the deductible.

Detailed explanation-3: -Deductible in health insurance is the amount that the insured is required to pay before the insurance company starts offering the coverage benefits in case of a claim. This means that the insurance company is required to pay the claim amount only if it exceeds the deductible amount.

Detailed explanation-4: -Deductibles is a fixed sum of money that policyholders are required to pay before their insurance policy starts contributing to their medical treatment. The term for paying deductibles is decided by the insurance provider-whether it is per year or per treatment.

Detailed explanation-5: -Visit the network hospital of your choice. 2.Submit your cashless card at the TPA. Fill the Cashless Request Claim Form and submit the same to the TPA. Ensure that you have a relevant photo ID and policy number. Submit the relevant documents required for treatment. More items