Periodic health claim payments must be made at least:

Periodic health claim payments are typically structured to provide timely compensation for medical expenses incurred by the insured. Monthly payments are seen as a standard practice in the health insurance industry because they align well with common billing cycles for medical services and provide patients with a consistent and manageable payment schedule.

This monthly frequency allows both insurers and insured individuals to maintain better budget management, ensuring that medical costs are addressed promptly. Additionally, it makes it easier for policyholders to keep track of their claims, making the insurance process more transparent and user-friendly.

While other intervals such as bi-weekly, quarterly, or annually could theoretically be used, they may lead to challenges in managing healthcare expenses effectively. For example, bi-weekly payments could introduce unnecessary complexity, and paying quarterly or annually could create gaps in cash flow for patients who require ongoing medical care. By adopting a monthly payment framework, insurers ensure that claims are processed and paid in a manner that is both practical and aligned with the typical expense rhythms of their policyholders.