Elevate Health
What is the difference between a cashless and a reimbursement claim?
Cashless and reimbursement are two different ways to settle a claim:
c) Cashless claim is a claim where insurance company agreed to pay claim amount directly to the hospital. You need not to pay the hospital for the claim amount. You are required to inform the insurance company about the procedure or treatment and send all the related paper work.
d) Reimbursement claim is a claim where you settle the bill with the hospital and then send the relevant documents to insurance company, which in turn reimburse you for the agreed claim amount.