InsuranceFinancial Glossary
Network Hospital
Definition
A hospital that has a tie-up agreement with your health insurance company or TPA to provide cashless treatment. The insurer pre-negotiates rates with network hospitals, and billing is settled directly between the hospital and insurer without the patient paying upfront.
Why It Matters
The quality and breadth of an insurer's network hospital list directly affects your claim experience. Before buying a policy, verify that good hospitals near your home and workplace are in the network. Some insurers have 10,000+ network hospitals, while others have fewer than 3,000.