Benefits to Hospitals
Increased Footfall: By participating in the ‘Cashless Everywhere’ system, hospitals open their doors to a wider patient base. Policyholders can choose any hospital, leading to increased footfall and potential revenue.
Streamlined Processes: Hospitals no longer need to wait for reimbursement approvals. Cashless transactions ensure prompt payment, reducing administrative burden and improving operational efficiency.
Enhanced Reputation: Hospitals that offer cashless services gain a competitive edge. Patients appreciate the convenience and trust hospitals that prioritize their well-being.
Reduced Financial Risk: With direct settlements, hospitals avoid the risk of delayed or rejected reimbursements. This financial stability benefits both hospitals and patients.

In a significant leap forward for the Indian insurance industry, the ‘Cashless Everywhere’ initiative has been introduced by the General Insurance Council (GIC) in collaboration with health and general insurance companies. This groundbreaking system aims to revolutionize the way policyholders access medical treatment, making it more convenient, transparent, and hassle-free.