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    Bajaj Allianz officials to meet AHPI today, GIC on Sept 2 to discuss suspensions of cashless transactions

    Synopsis

    The Association of Healthcare Providers India (AHPI) has suspended cashless treatment for Bajaj Allianz customers due to long-standing issues with reimbursement rates and claim settlements. AHPI, representing over 20,000 hospitals, cites medical inflation and unilateral deductions as reasons for the suspension.

    Bajaj Allianz officials to meet AHPI today, GIC on Sept 2 to discuss suspensions of cashless transactionsETMarkets.com
    Healthcare providers in India may stop cashless services for Bajaj Allianz customers.
    Top officials of the Association of Healthcare Providers India (AHPI) and Bajaj Allianz General Insurance are expected to meet today, three days after AHPI announced the suspension of cashless treatment facilities for Bajaj Allianz customers, effective from September 1.

    AHPI has over 20,000 hospitals in its network across the country, including major chains such as Max Super Speciality and Fortis Escorts. Bajaj Allianz officials are also expected to meet members of the General Insurance Council (GIC) of India on September 2, according to sources.

    According to AHPI, they are suspending the cashless treatment facility because reimbursement rates offered by Bajaj Allianz have not been updated in years, even though medical inflation in India has been climbing at 7–8% annually. Hospitals also allege that the insurer makes unilateral deductions and often delays settlement of claims, putting financial strain on healthcare providers.

    If implemented, policyholders with Bajaj Allianz General Insurance will have to pay for any medical or hospitalisation-related expenses out of pocket and later claim reimbursement from the insurer.

    A similar notice was also sent to CARE Health Insurance, with AHPI seeking a response by August 31, 2025. AHPI will suspend the cashless treatment facility for CARE policyholders if they do not respond by that date.

    (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

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