Definition: The Insurance Subscribers Number is a unique identifier provided by a specific insurance company to individual individuals or groups that have purchased their policy through them. This number serves as a unique reference for each individual or group, allowing insurers to track their claims history, record insurance transactions, and access information related to the policies they have provided coverage to. The Insurance Subscribers Number (ISN) is primarily used by insurance providers, such as carriers of health insurance, in order to ensure that individuals are paying for their policy accurately. It provides a unique identifier for each individual who has purchased or renewed their policy, allowing insurers to track who has purchased which policies and when they have been issued. In addition to tracking individual claims and transactions, the Insurance Subscribers Number can also be used by insurance companies in other ways. For example: 1.

Tracking of Policy Status:

The ISN is typically used by carriers to ensure that all policies remain current and accurate. 2.

Reputation Management:

It helps insurers maintain a positive reputation by showing customers that they are adhering to their policy terms. 3.

Insurability Assessment:

By providing an identifier, the Insurance Subscribers Number can be used as part of an insurance assessment process, where insurers evaluate an individual's risk and adjust their claims handling policies accordingly. 4.

Accounting and Financial Management:

The ISN can be used in various financial management systems to track individual insurance transactions and billing practices within insurance companies. In summary, the Insurance Subscribers Number is a unique identifier provided by an insurer to its policyholders, allowing it to track claims history, manage insurance policies, and assess risk.

insurance subscriber number