Network Hospital In Health Insurance Explained
Updated On Oct 22, 2020
What Is A Network Hospital In Health Insurance?
All insurance companies have partnerships with some hospitals where they provide the facility of cashless claims to their policyholders. Such hospitals are called the network hospitals of that insurance company.
What Is A Non-Network Hospital?
A non-network hospital as per the name is not the part of associated hospitals of an insurance company. It is just a general hospital that doesn't cover you under the policy. Thus, whenever you visit a non-network hospital, you need to first settle your bills directly with the hospital and the same later gets reimbursed by your insurance company as per the terms and conditions of your plan.
Different Insurance Companies and Their Network of Hospitals
|Company Name||Number Of Network Hospitals|
|HDFC Ergo Health Insurance Company||4500+|
|Star Health And Allied Insurance Company||9800+|
|Future Generali India Insurance||5000+|
|Bajaj Allianz General Insurance||6500+|
|Manipal Cigna Health Insurance Company||4500+|
|National Insurance Company||6000+|
|IFFCO Tokio General Insurance||4200+|
|New India Assurance||1200+|
|Reliance General Insurance||4000+|
|United India Insurance||7000+|
|Royal Sundaram Alliance Insurance||3000+|
|TATA AIG General Insurance||3000+|
|Cholamandalam MS General Insurance||8000+|
|HDFC Ergo General Insurance||10000+|
|Universal Sompo General Insurance||4000+|
|Bharti AXA General Insurance||4500+|
|SBI General Insurance||3000+|
|Raheja QBE General Insurance||2000+|
|Max Bupa Health Insurance||3500+|
|Care Health Insurance||5420+|
|Liberty Videocon General Insurance||4000+|
|Shriram General Insurance||2000+|
|Magma HDI General Insurance||4100+|
Why Should You Choose A Network Hospital?
The network hospital is considered better because of the below-listed reasons:
- Cashless Transactions: The treatment at the network hospitals is cashless so you do not have to be involved in the hassle of first paying and then getting paid by your insurance company.
- Thoroughly Vetted Hospital: The hospital is always vetted by the insurance company when it is onboarded on the network. This is a sort of indicator that the hospital is better than the non-network ones.
- Pan-India Coverage: The insurance companies have network hospitals throughout the country and knowledge of network hospitals helps you get treatment whenever and wherever you need regardless of any hassle.
The job to choose perfect insurance is tough and long, but knowing about network hospitals would contribute a lot in helping you out. It is also beneficial and less hectic to choose a network hospital for treatment.
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Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.