Monday, October 9, 2023

BANKING

The Association of Healthcare Providers India (AHPI) has accused private insurance companies of unfairly rejecting claims and disregarding guidelines set by the Insurance Regulatory and Development Authority of India. The AHPI claims that these companies are forming a cartel and discontinuing cashless facilities for hospitals, which deprives patients of their right to choose treatment. The AHPI argues that insured patients are the real victims, as they are left needing funds to cover medical expenses while private hospitals face mounting costs and losses. The AHPI is considering legal action and seeking the attention of the Competition Commission of India.

from Banking/Finance-Industry-Economic Times https://ift.tt/g3QysSa
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