One of the main reasons because of which people used to go for medical insurance is going to end very soon. The medical claim policies that promised to give cashless facilities are going to end it now.

These facilities, in particular, are not going to cover hospitals like Apollo, Fortis, Ganga Ram, Max or Medicity in Delhi, NCR and in metros like Mumbai, Bangalore and Chennai.

As per the new policies, the insured person will have to pay all the money through his/her pocket and then go for reimbursement. The total money then may or may not be fully recovered from the insurer.

The direct form of payment at the point of treatment has been stopped because the insurance companies were suffering heavy losses and it was becoming increasingly impossible for them to provide this service to the customers.

All in all, the service has been stopped in some 150 odd hospitals in Delhi from July 1 and as many as 18 insurance companies are part of this.

There are 4 public sector entities too that have taken this step.