❖ The Ministry and IRDAI are launching the National Health Claim Exchange (NHCX).

❖ It is a digital platform which will bring together insurance companies, healthcare sector service providers and government insurance scheme administrators.

❖ At present, the health insurance claims settlement process in the country is mostly manual and time-consuming.

❖ The NHCX will serve as a gateway for exchanging claims-related information among various stakeholders in the healthcare and health insurance ecosystem.

❖ Acting as a centralised hub for all health claims, the NHCX will significantly alleviate the administrative burden on hospitals.