Exploring Manipal Cigna Health Insurance And Claim settlement

Health insurance policy purchased to shield you and your loved ones against the medical expenses incurred at the time of emergency, can serve its real purpose only when the claim for that policy is made at the right time and in a procedural manner. The fine print in the policy-related documents describes all the inclusions and exclusions within the policy, and therefore, it must be read carefully by the policyholders within the free-look period of 15 days offered by most of the insurers. 

ManipalCigna Health Insurance is a leading name in the health insurance market. This company is a tie-up between Manipal Group and Cigna Corporation and delivers a wide range of health insurance cover to meet the demands of the individuals at an affordable price. With the advancements in technology, the company has redefined its policy covers to offer quality services to the customers. 

About ManipalCigna Health Insurance 

ManipalCigna Health Insurance is a standalone and prominent firm in the insurance market and has a trusted base of customers around the subcontinent. The plans offered by ManipalCigna Health Insurance include family floater plans, critical illness plans, personal accident covers, top-up plans, group mediclaims, and a lot more. Let us look at some of the basic features of ManipalCigna Health Insurance: 

• The company has a network of around 6,500+ linked hospitals that provide cashless treatment to the customers. 
• The firm had a claim settlement ratio of 85.72% in FY 2019-20. 
• It offers lifelong renewability of services offered by the purchased health insurance policy to the policyholders.   
• It also has COVID-19 specific covers for the people to help them face the global pandemic. 

Benefits of ManipalCigna Health Insurance Plans 

All the insurance firms offer certain similar features on their health insurance covers, but some companies have a unique set of benefits to offer to its customers. Let us look at some of the benefits offered by the ManipalCigna Health Insurance plans: 

• If the sum assured is exhausted by the policyholder due to multiple claim settlements on a health insurance policy, then the complete amount can be restored under the restoration benefit offered by the insurer. 
• In case the  customer is not satisfied by the services of the currently purchased health insurance cover, then ManipalCigna Health Insurance offers them an option to port their policy with the similar benefits. 
• The company offers a worldwide emergency cover to make sure that the policyholder is protected anywhere and anytime. 
• It enables the customers to increase 25% of their sum assured every year up to 200%. It helps them to deal with the rising prices of medical facilities in the private sector. 

ManipalCigna Health Insurance Claim Settlement Process 

The claim settlement process for policies offered by ManipalCigna Health Insurance is much like any other insurance company. Let us look at the claim settlement process of the company for both cashless and reimbursement claims: 

1. Cashless Claim Settlement Process 

Cashless claims can be made at one of the network hospitals of the insurance company. The following steps can be followed to make a cashless claim: 

• Get admitted in a network hospital of ManipalCigna Health Insurance and inform the insurer about your hospitalization as soon as possible. 
• After producing your health ID at the hospital desk, you can fill a pre-authorization form and attach it with necessary documents before sending it to the insurance company. 
• Once your documents are verified and the claim request is accepted, the insurer will clear your medical dues with the hospital directly. 

2. Reimbursement Claim Settlement Process 

Reimbursement claims can be made at any hospital of your choice, and following are the steps involved: 

• Get admitted in any hospital of your choice and intimate the insurer about the hospitalization 
• Receive your treatment, clear the medical dues, and at the time of discharge collect all the discharge documents, receipts, invoices, prescriptions, etc. 
• Attach all the collected documents with the claim request form to the insurance company. 
• Once your claim request is accepted and the documents are verified, the sum assured under the policy will be transferred to your bank account. 

Conclusion 

Considering the above mentioned features and benefits of ManipalCigna Health Insurance, you can choose to purchase your health insurance cover from the company. You must always go through the policy-related documents carefully to make sure that your requirements have been included in the policy. 

Must Read: Top 3 ManipalCigna Health Insurance Plans To Check In 2021

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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.