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- National Health Claim Exchange (NHCX) portal is to be launched very soon.
- The government is planning to launch the National Health Claim Exchange (NHCX) one-stop portal in the next two to three months.
- It will use a common data collection format that will contain all the information needed by different insurance companies.
- Its main objective is to reduce the pre-authorisation and discharge approvals time and to bring down insurance premiums in the future.
- At present, hospitals use different private portals to process insurance claims.
- This new portal will bring almost 50 insurance companies under one umbrella.
- The claim exchange has been developed as part of Ayushman Bharat Digital Mission (ABDM).
- After this portal, policyholders can expect quicker claim settlements and a less cumbersome experience for reimbursement claims.
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