Bajaj Allianz selects Remedinet cloud platform for cashless health insurance claims processing

Remedinet Technologies, a cloud-based platform that processes cashless health insurance claims data in real-time and through a completely electronic platform has partnered with Bajaj Allianz, the general insurance provider. By electronically integrating Bajaj Allianz’s platform with Remedinet’s, all cashless health insurance claims will be adjudicated using a seamless and end-to-end platform that increases efficiency and reduces multiple to-and-fros. This integration will result in the elimination of manual methods of processing data and significantly bring down the turnaround time to benefit the policyholders tremendously. [caption id=“attachment_2010585” align=“alignleft” width=“380”]  Thinkstock[/caption] At present, when a patient with a health insurance policy gets admitted into a hospital that offers cashless claim settlement service, the hospital staff e-mails the patient details and policy ID to the insurer and waits for the approval. Similarly, all other information, documents and approval exchange involved takes place manually through e-mails/Fax, etc. These processes being manual are prone to errors and delays and thus, lead to a higher turnaround time. With Remedinet’s technology, these processes go from offline to online where the data entered by the hospital staff flows into Bajaj Allianz’s platform electronically through Remedinet. Thus, when the patient arrives he/she does not have to wait as member validation happens real-time by entering only the member Id in to the system. And, Bajaj Allianz is the first insurance company that has implemented electronic member validation using only the member Id on Remedinet’s platform. Similarly, all following information and documents are exchanged and processed electronically for a quick response time.