About Paramount TPA

‍What is Paramount TPA?

Paramount TPA also called Paramount Health Services & Insurance TPA is an IRDAI-backed Third Party Administrator in India. Considered as one of the leading TPAs in the country, Paramount TPA works with 14000+ network hospitals and 20+ insurers.

Also Read: What is TPA?

Why choose Paramount as your TPA?

The various benefits of Paramount TPA include:

1. Extensive TPA Hospital Network: Paramount TPA works with a list of 14,000 + hospitals ensuring that policyholders are able to avail cashless claim benefit in multiple hospitals across the country.
2. 24*7 Claims Settlement: Paramount TPA ensures 24X7 cashless services to policyholders. This means that you can raise claims any time of the day.

Understanding Paramount TPA Claims

Paramount TPA Claims Process: How to file a cashless claim with Paramount TPA?

1. Ensure that the hospital you choose is a part of the network hospital list of your insurer or the Paramount TPA
2. Intimate Paramount TPA of your admission to a cashless network hospital
3. Verify your identity at the network hospital through your insurance ID card, corporate ID and personal ID proof
4. Fill out the pre-authorisation form so that the hospital can raise the cashless claim request to the Paramount TPA
5. Upon receiving your request, Paramount TPA verifies all details and shares an approval for the claim
6. If in any case the claim is rejected due to any reason you will be required to pay the entire bill at the hospital and then raise a reimbursement claim with the Paramount TPA after discharge (only applicable for admissible cases)

View all Paramount TPA Network Hospitals →

Paramount TPA Claims Process: How to file a reimbursement claim with Paramount TPA? (H3)

1. Inform the Paramount TPA within 24 hours of being admitted to the non-network hospital
2. Submit all necessary documents such as claims form, hospital bills, prescriptions and other information to Paramount TPA (you might need to submit either hard or soft copies of the documents depending on the type of claim and requirements of the TPA)
3. Once the documents are submitted, Paramount TPA will view your documents and inform you if any further documents are required
4. Once your claim is approved, Paramount TPA will begin the reimbursement process to ensure the covered amount is deposited to your account
5. Ensure that you keep all the original or copy of documents handy including the bills, Paramount claim form, discharge summary, prescriptions and other hospital-related documents in case of an queries regarding your claims

Read more - How to choose between cashless or reimbursement claim?

What are the documents required to file a successful claim with Paramount TPA?

The following documents can help you ensure a smooth claims process:

1. Claims form
2. ID proof along withInsurance ID Card
3. Hospital bills, prescriptions and receipts
4. Investigation, diagnostic test reports
5. Pharmacy bills 
6. Discharge summary
7. Any documents related to your hospitalisation

Paramount TPA Claims Status

Steps to track your claim status with Paramount TPA:

1. Visit -  https://www.paramounttpa.com/PolicyClaim/PolyClaimStatus.aspx
2. Choose your insurance company and enter necessary details such as policy type, employee ID and type of claim
3. You can also contact Paramount TPA’s customer support helpline (Toll – 022 6662 0808) and share all necessary details to get information on your claims 

Once you follow these steps, your claims status should be displayed.

Paramount TPA Hospital List

Paramount TPA currently works with more than 14,000 network hospitals in cities across India.

View all Paramount TPA Network Hospitals →

Paramount TPA Customer Care

You can access the Paramount TPA customer care through the following:

Call Paramount at: +91-022-66620808

Mail Paramount TPA at: [email protected]

In case of further queries, feel free to reach out to us at anytime: https://www.novabenefits.com/group-health-insurance

FAQs

1 How to know about medical claim status in Paramount TPA?

Steps to track your claim status with Paramount TPA:

1. Visit -  https://www.paramounttpa.com/PolicyClaim/PolyClaimStatus.aspx
2. Choose your insurance company and enter necessary details such as policy type, employee ID and type of claim
3. You can also contact Paramount TPA’s customer support helpline (Toll – 022 6662 0808) and share all necessary details to get information on your claims 

2. How to login into Paramount TPA?

Here are the steps to follow for the Paramount TPA login:

• Visit the Paramount TPA homepage and click on the login dropdown - choose corporate login
• Enter the username and password shared by Paramount TPA. These details are communicated to your corporate email id

Once the correct details are entered, you will be logged in

3. What is TPA in medical claims?

A Third Party Administrator (TPA) is an intermediary between the insurance provider and the policyholder. Its key function is to ensure the settlement/processing of insurance claims.

4. Which insurer should I choose with Paramount TPA?

Paramount TPA functions as a A Third Party Administrator (TPA) - that is an intermediary between the insurance provider and the policyholder. Its key function is to ensure the settlement/processing of insurance claims.

If you are looking to find the right insurer for your group health insurance policy, feel free to reach out to insurance experts at Nova Benefits.