Nowadays, many companies or organizations provide health insurance cover to their employees for free or at a low premium, so that there is no problem in any medical emergency in the future. Many people have health insurance from the company, as well as they have also taken out health insurance for themselves. But very few people know that both these health insurances can be claimed together for any treatment. So, if you also have two health insurance policies, then this news is very useful for you. Let us understand its whole process with an easy example.
How to claim if you have two insurances
Suppose a person needs ₹ 6 lakh in a medical emergency. His company is providing health cover up to ₹ 3 lakh. At the same time, he has taken health cover up to ₹ 5 lakh. Now let us understand how he should claim from both the health insurance. This may seem a bit complicated, but it becomes easy if you know the right way.
An easy way to claim two health insurances together
- First of all, inform the health insurance company that is paying less money. Only by doing this will you be able to avail the benefit of second health coverage. This is the first and most important step.
- After this, get approval for cashless claim. If your medical bill is more than the amount received under insurance, then inform the second health insurance company, that is, the one you have taken yourself, about the medical expenses. Give them complete information so that they can start the further process.
- Then wait till you get the claim from the second health insurance company. Meanwhile, pay the remaining amount. This may take some time, so be patient.
- After this, collect all the medical expenses, discharge summary, and other documents from the hospital. These documents will be required for you to claim in the second company.
- Then, take the settlement letter from the company from which you had health insurance cover earlier. This letter will have complete information about the claim.
- Now you have to submit the same settlement letter, medical bills, and KYC documents to the other health insurance company. Make sure that all the documents are correct and complete.
- After this, the other health insurance company may ask you for some other documents as well. Submit all the documents to them! They will thoroughly investigate your claim.
Now the other company will take a few days for verification! After verification, the claim amount will be deposited into your account. In this way, you can claim two insurances simultaneously. This process may be a little long, but if followed correctly, you will get the benefits of both insurances.