What is Pre Existing Disease in Health Insurance & How it Affect Insurance Claim Settlement Process?

Health insurance is a vital safety cushion for one's hard-earned savings in today's age of mounting healthcare costs. People with a pre-existing illness often do not declare it when buying a health insurance policy. It is highly recommended to declare your pre-existing disease to avoid confusion and unnecessary delays during the claim settlement process. A customer receives coverage for medical expenses for the premium he or she pays annually to the insurer. However, there’s always a concern about the claim settlement. The health insurance claim settlement ratio tells us about the percentage of the claims processed by the insurer and helps us understand about the company’s track record. Religare Health had a Claim Settlement ratio of 92.58% for FY-19. Religare Health Insurance recommends that you declare all pre-existing illnesses when purchasing a health insurance plan to ensure a smooth and stress-free claim settlement. Because with Religare, it is truly Ab Health Hamesha! #healthInsurance #Healthinsurancepolicy #Mediclaim #HealthInsurancePlans#InsuranceTips #MedicalInsurance #BestHealthInsurance #HealthinsuranceClaim #ClaimRejection #ClaimSettlement #PreExistingDisease Let’s be social. Follow us on: 1.Subscribe:youtube.com/user/ReligareHealthIns 2.Facebook:www.facebook.com/ReligareHealthInsurance 3.Instagram: www.instagram.com/religare.health.insurance/ 4.Twitter: twitter.com/religarehealth 5.LinkedIn:www.linkedin.com/company/religare-health-insurance

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