Health Insurance Claim Settlement Letter – How to Read It and Understand Deductions

Health insurance claim settlement letter in India

Getting your health insurance claim approved is a relief, but the settlement letter that arrives afterward can sometimes be difficult to understand. You may see several figures on the same document — the amount you claimed, the amount approved, deductions, non-payable expenses and the final amount payable. If you are looking at one for the … Read more

Health Insurance Claim Approved but Amount Reduced – Why Did It Happen?

Quick Answer Health insurance claim approved but amount reduced means your insurer has accepted the claim but paid only a part of the amount you requested. This usually happens because some expenses are not covered under your policy, certain charges exceed policy limits, or deductions are made according to the policy terms. It doesn’t always … Read more