For Quick Alerts
For Daily Alerts

IRDA plans unique identity code for hospitals

By Religare

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.

Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more