IRDA plans unique identity code for hospitals

Subscribe to GoodReturns

IRDA plans unique identity code for hospitals
In a bid to bring down frauds in health insurance, the Insurance Regulatory and Development Authority and Insurance Information Bureau (IIB) has planned to provide a unique identity code for hospitals, said the media report.

"We are working with hospitals of the national accreditation agencies on whether we can uniquely identify hospitals. Unique identity numbers will be integrated with the pin code of the area and name of hospitals," said TS Vijayan, IRDA Chairman, on the sidelines of a summit by Indian Merchants Chamber.

According to Vijayan, the step will help the health insurance industry streamline and identify the charges for different treatments by different hospitals. Insurance Information Bureau, Chief Executive Officer, R. Raghavan said, "As of now there is no single registering agency for hospitals with a unique code. So we are trying to step in with unique codes to understand which hospital is either overcharging or undercharging."

Raghavan said, "We have started with 30,000 hospitals. It will help us identify hospital frauds, intermediary induced frauds, user frauds or insider frauds."

Dion Global Solutions Ltd.

Story first published: Tuesday, November 26, 2013, 9:30 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?