Stages of a reimbursement claim cycle

Stages of a reimbursement claim cycle

A claim is a formal request to the insurance provider for reimbursement against losses covered under your insurance policy. There are two types of claim processes currently: Cashless claim & Reimbursement claim. In this article, we will be discussing the the claim journey of a reimbursement claim. If you wish to understand more about what is a reimbursement claim, then please read this guide. 

Reimbursement, as the dictionary mentions, is compensation paid for money already spent. With respect to a Mediclaim policy, reimbursement claims means that the insured pay the hospital bills first and get them compensated by the insurance company when they are discharged from the hospital. 
The entire 

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