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United India Insurance Claim Settlement Ratio
Choosing an ideal health insurance plan can be challenging. With numerous top health insurance companies offering various services, selecting the right one for you and your family can be confusing. One crucial criterion to consider when choosing an insurance company is the claim settlement ratio.
This criterion helps you understand the company’s performance and simplifies the selection process. If claims are not handled properly, purchasing insurance becomes pointless. Therefore, before making your choice, check the company’s claim settlement history.
Claim Settlement Ratio of United India Insurance
Incorporated in 1938, United India Insurance Company Limited serves over 1 crore policyholders with a vast network of over 1,340 offices in India. According to claim statistics for FY 2021-22, the claim settlement ratio of United India Insurance is 97.25%.
Types of Claims by United India Insurance
The company offers two types of claims according to customer needs. Let's explore the United India Health Insurance claim settlement:
- Cashless Claims
- Reimbursement Claims
How to File Your Cashless Claims Online
United India Insurance Company offers a simple, app-based claim process for a hassle-free experience. You can contact the company for a claim, submit your documents, and check your claim status easily on the UIIC customer app and their official website.
- Find the network hospitals of United India Health Insurance and get admitted to those hospitals within your insurer's network.
- Notify United India Health Insurance Company about the hospitalization. For pre-hospitalization, inform the insurer before admission. Inform United India Insurance/TPA within 24 hours in case of emergency hospitalization and 72 hours before admission for planned hospitalization.
- Upon admission, a pre-authorization request for cashless treatment must be sent to the TPA by the hospital, signed by the insured and hospital authorities, detailing the admission, illness, proposed treatment, and estimated expenses. Once approved, the customer can avail of medical treatment.
- At discharge, complete all medical documents and pay for services not covered under the policy.
- The hospital will send the bills to the United India Health Insurance Company. After review, the company will pay the bill directly to the hospital. The pre and post-hospitalization expenses can be claimed separately after treatment. Submit all original documents within 7 days to TPA after completing post-hospitalization treatment.
How to File Your Reimbursement Claims
This process takes a little time. Customers can visit any hospital, not just those in the insurer’s cashless network. Get your treatment, pay out of pocket, and then apply for reimbursement. After document approval, the company reimburses the expenses to the customer's bank account.
Submit all hospital bills, prescriptions, and medical documents for approval by United India Health Insurance Company before the claim is processed.
United India Insurance Company offers a simple, app-based claim process for a hassle-free experience. Contact the company for a claim, submit your documents, and check your claim status easily on the UIIC customer app and their official website.
- Send an intimation about hospitalization to TPA or the insurance company immediately, within 24 hours of hospitalization in emergencies.
- Submit all necessary original documents, such as discharge summary and investigation reports, to TPA/insurance company within 7 days from discharge.
- United India Health Insurance Company will proceed with fund transfer and document approval.
Incurred Claim Ratio of United India Health Insurance
The incurred claim ratio of United India Health Insurance Company is 89.57 as per the IRDAI report of 2022-23. For more details on the best health insurance plans, contact us at 1800-4200-269.
