Mediclaim notification

Portability of Health Insurance Policies from 1st July 2011

Ref: IRDA/HLT/MISC/CIR/030/02/2011 10/02/2011

There have been several representations from consumer associations and policyholders for enabling portability of health insurance policies from one insurer to other insurer. Persons shifting from one region to other regions are many times put to disadvantage due to lack of insurers’ office providing necessary policy servicing at the ne...

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449 Hospitals to Provide Cashless Facility to the Insured and also Package Rates for 41 Common Surgical Procedures

NA 21/08/2010

The Public Sector General Insurance Companies have been incurring health insurance claims in excess of premium received and after factoring in acquisition costs, which are around 10%, and the management expenses which are over 25%, the Combined Ratio i.e. the total expenses for health portfolio exceed 140% of the premium income....

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Withdrawal of Medical (Cashless) Insurance Products by Public Sector Insurance Companies

NA 18/08/2010

Statement in Response to Calling Attention Motion Notice on Unilateral Revision / Withdrawal of Medical (Cashless) Insurance Products by Public Sector Insurance Companies. The Minister of State for Finance Shri Namo Narain Meena made the following Statement in response to the Calling Attention Motion Notice regarding situation arising out...

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Efforts on to restore cashless treatment facility

NA 13/07/2010

Concerned over the plight of patients after withdrawal of the cashless treatment facility by some hospitals at the behest of PSU insurance firms, noted heart surgeon Naresh Trehan on Monday said all-out efforts are underway to resolve the issue....

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Mediclaim policyholders will soon be able to switch their health cover providers

NA 23/06/2010

Mediclaim policyholders, who are not satisfied with the service of their existing service providers, will be able to switch to another insurer soon without any change in the premium outgo.However, this facility will be available to those policyholders who are insured for a sum of Rs 1 lakh and above, to begin with....

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