Did you know you can claim from two health insurance policies for a single hospitalization? Here's all you need to know👇
I highly doubt this. Insurance companies demand original documents for processing claims and won't return it. In that case, how can one submit a claim or reimbursement with a second insurer?
You can claim from two health policies by first settling with one insurer, then using the settlement letter to claim the balance from the second.
Jose Thomas
5d
Very informative
Prasanna S.
5d
This hack is "legal" from the insurance company POV?
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5dMost health insurance policies operate on a reimbursement basis, meaning they cover actual expenses incurred for medical treatment. You cannot claim reimbursement for the same event twice, even if you have multiple policies. However, you can use one policy to cover deductibles or co-payments not covered by another. Life insurance policies on the other hand work differently. They operate on a benefit basis, meaning they pay a fixed amount upon the occurrence of the insured event (e.g., death). If you have multiple life insurance policies, you can claim benefits from all of them for the same event.