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Warning: Sitharaman said – action will be taken against insurance companies who do not give cashless claims

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  • Finance Minister gave strict instructions to IRDA chief, cashless treatment to be given during corona period

  • 8,642 crore has been paid on 9 lakh claims related to Corona


Finance Minister Nirmala Sitharaman has asked SC Khuntia, chairman of the insurance regulator IRDA, to ensure cashless treatment of the insured during the crisis of Corona epidemic. If a health insurance company refuses cashless treatment, strict action should be taken against it.

The Finance Minister said in the tweet, complaints have been received from several insurance companies that they have rejected the cashless claim of the insured. The head of the Insurance Regulatory and Development Authority (IRDA) SC Khuntia should ensure that companies do not refuse to give cashless treatment claims to any patient.

In the wake of the epidemic, several special insurance products were introduced last year, which are helpful in the treatment of corona. Sitharaman said that till April 20, 2021, 9 lakh claim applications related to Kovid-19 were accepted. Of this, a total of 8,642 crore has been paid. It also includes the expense of consulting a doctor via telephone.

Earlier, IRDA had also instructed hospitals that wherever cashless treatment is contracted by insurance companies, it cannot be denied to Corona patients. Apart from Corona, treatment of other diseases will have to be provided to hospitals without demanding cash, if these diseases are included in the contract of insurance companies.

Send a complaint to the company if the hospital refuses

IRDA has given the latest instructions that if a hospital or third party insurance company refuses to give cashless claim then customers should complain to the main insurance company concerned. The insurance company should also take immediate steps and direct the hospitals and TPAs ​​to make the facility available.

Companies decide cashless treatment:


After the instructions of IRDA , the insurance regulator has clearly told the companies that there should be nothing to treat the patients of Corona. Take this time as an emergency and the treatment of any patient should not be delayed by the negligence of the insurance companies. If a company does so and proves in investigation then strict steps will be taken against it.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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