Health claim payments must be made with what minimum frequency?

Health claim payments are required to be made at least monthly due to the nature of healthcare services and the need for timely financial reimbursement. This frequency ensures that policyholders can rely on receiving their benefits in a consistent manner after incurring medical expenses. Monthly payments are practical for managing ongoing healthcare costs, allowing individuals to maintain their financial stability and access necessary medical treatment without undue delay.

Other frequencies, such as weekly, quarterly, or annually, might not adequately meet the financial needs of policyholders who depend on prompt payments to cover their healthcare expenses. Monthly payments create a standard that aligns with the typical billing cycle of healthcare providers, making it easier for individuals to manage their payment obligations.