About Us – Claimscart

About Us

About

Claimscart

A claim’s investigating company Elevates in 2011 Evolved to a PAN India Brand in collaboration with Invictus Health Group (USA) as Claimscart.
Claimscart is an Industry Leader who do investigations thoroughly and get results that matter. Our satisfied customers include both large and small insurance companies.

Our expertise is in helping Insurances uncover information quickly while upholding the highest ethical standards and only within legal limits. Our Job is to investigate the claim and present the findings so the customer can make a reasonable decision based on facts. According to a recent survey it is estimated that the number of false claims in the industry is approximately 20 to 25 per cent of total claims. The report suggests that the healthcare industry in India is losing approximately Rs 1000-Rs 1400 crores incurred on fraudulent claims annually. Health insurance is a bleeding sector with very high claims ratio. Hence, in order to make health insurance a viable sector, it is essential to concentrate on elimination or minimization of fake claims.

Claims Cart is committed to catch all the frauds which come to us for investigation. We observed that frauds pertaining to health insurance usually possess some sort of common trends or patterns.

Leadership Team

Mr. M.P. Singh founded Elevates in 2011 which is now has rich customer base of Insurance companies. Elevates investigates all types of claims like Health, Personal Accident and death claims. While Elevates started off as an Investigation organization, introducing them to the Indian Insurance industry, it eventually evolved into a more comprehensive software driven Claim investigation services organization. Throughout his career, Mr. Singh always acknowledged that successful institution building is dependent on forging result-oriented partnerships and creating new knowledge.

Mr. M.P. Singh

We expertize in :

Preparing investigation report by analyzing hospital records, pharmacy bills and lab investigations.
Assist in the development, maintenance and implementation of reporting and complaint handling procedures.
Conduct extensive field investigations of the Insured involving fraud claims and insufficient documents claims.
Interview with the insured, witnesses, hospital authorities, working colleagues and others.
Analyzed hospital records to determine cause and responsible party checks Pre existing condition;
Collect all documentary proof in support of fraud claims.
Our timeline TAT.

Our Team of doctors, Lawyers and Retired Police Professionals have :

Vast experience in accident and Insurance claims. In‐depth knowledge of accident investigation procedures, practices and analysis.
In‐depth knowledge of accident investigation procedures, practices and analysis.
Exceptional knowledge of the policies, procedures ,practices and laws applicable to the insurance claims investigation.
Familiar with methods of casualty insurance and the health claims adjustment process.
Extensive knowledge of the legal provisions concerning the collection and admission of evidence in court.
Ability to use investigative methods and techniques to specific situations.
Ability to analyze and record facts clearly and concisely.
Excellent verbal and written communication skills.

The Rejection’s Vitals achieved by Claimscart in June 2020 (P.S Religare)

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We want people to thrive at Space, we believe you do your best work when you feel your best. Here are just a few benefits we’re proud to provide our team.

1 K

Total Claims

1 %

Rejection Percent

1 %

Response within TAT