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A common platform being planned by Indian health Insurers to curb fraud

The General Insurance Council of India is planning to partner with hospitals for facilitating cashless claims settlement for non-life insurance companies. This platform will bring ease of doing business for hospitals to tie up with insurers and put a halt to the leakages in the healthcare sector by bringing transparency.

This platform will address long standing demand of the healthcare industry, having to deal with 30 insurance companies on a standalone basis. This platform is designed to help detect frauds, and eliminate waste and abuse, bringing down the cost for non-life insurance companies.
The objective of this platform is to increase the share of cashless claims to about 100% from 55% currently, contributing to the growth of health insurance industry in India. This platform will also help to identify the errant hospitals and initiate corrective actions.

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