Hidden Legal Risks in Property Transactions You Must Know
1. Title Defects and Ownership Disputes Title defects can create ownership challenges after purchase. Some common issues include multiple claims of ownership, unpaid dues, and fraudulent transfers. How to Avoid Title Defects? Conduct a Title Search with legal experts. Obtain…
Understanding Claim Settlement Ratios: Why It Matters for You
1. What is Claim Settlement Ratio? The Claim Settlement Ratio is the percentage of insurance claims an insurer has settled compared to the total number of claims received in a given year. Formula: (Total Claims Settled / Total Claims Received)…
Can You Claim Health Insurance for Alternative Treatments?
Understanding Alternative Treatments Alternative medicine includes non-conventional therapies used alongside or instead of modern medical treatments. Common types include: Ayurveda – Ancient Indian medical system using natural herbs. Homeopathy – Treatment using highly diluted natural substances. Acupuncture – A Chinese…
How to Appeal a Denied Health Insurance Claim Successfully
Step 1: Understand the Reason for Denial Before filing an appeal, carefully review the denial letter from your insurance provider. Common reasons for denial include: Insufficient documentation Out-of-network provider Excluded treatment Pre-existing condition limitations Administrative errors Step 2: Gather Supporting…
What to Do If Your Health Insurance Claim Is Delayed?
1. Common Reasons for Claim Delays Health insurance claims may be delayed due to various reasons, such as: Incomplete or incorrect documentation. Insurer requiring additional medical records. Policy exclusions or coverage limitations. Delays in hospital or provider submission. Errors in…