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Power Of Finance (SEBI RA)

14th Sep · SEBI-Registered Analyst

GIC Backs Star Health Amid AHPI's Threat to Suspend Cashless Services

GICRE
The General Insurance Council (GIC) supports Star Health and Allied Insurance Company against the Association of Healthcare Providers (India) (AHPI)'s threat to suspend cashless services for Star Health policyholders from September 22. AHPI's concerns include delayed claims and lack of tariff revisions. The Insurance Ombudsman reported over 13,300 complaints against Star Health, with 10,000+ related to claim disputes. GIC condemns AHPI's approach and attempted mediation. Star Health denies receiving suspension reports from network partners and promises to ensure claim payments before hospital admissions if disruptions occur.

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