Health insurance: Hospital IDs released on pilot basis

New Delhi December 9, 2013: A pilot version of a unique hospital ID master has been launched by the Insurance Information Bureau of India (IIB).

It helps in streamlining hospital listings. The data is expected to be useful for all insurers, third-party administrators (TPAs) and other stakeholders, such as hospitals.

The final objective would be to help evolve standardised treatment protocols and costing template, which will help the health insurance industry to put in place a rationalised system of insurance claim management. It could also lead to a regime of transparent treatment costs and efficient pricing of health insurance products in the long run.

The IIB, an independent body under the Insurance Regulatory and Development Authority, has been collecting health insurance transaction-level data from insurers and TPAs for many years.

It has been publishing reports based on an analysis of the data.

Through this process, it has been able to capture useful data on hospitals providing treatment for insurance customers, R. Raghavan, Chief Executive Officer, said in a press release.

The pilot version of the hospital master has been uploaded on the IIB site (www.iib.gov.in) for the use of all stakeholders who are supposed to verify and respond within 60 days from the date of hosting on the Web matters relating to inclusion/deletion/incorrect details, and so on, to the IIB , the release said. Hindu Business Line