Q830
Cashless facility means –
A.
Insured need not carry cash on hand and he can settle medical bills thro’ debit card
B.
Insured has to pay bills and take reimbursement later
C.
Hospital (Network provider) would directly get the bills settled by the insurer
AnswerD.
None of the above
Answer: Option C
Solution
Answer: Option C
Solution:
Cashless policies mean that the health insurance company settles the bill directly with healthcare provider, whether a hospital or a nursing home. This is to reduce the direct financial burden on insured individual at the time of hospitalization.