Finance minister Pranab Mukherjee on Monday said that public sector general insurance companies had not withdrawn cashless mediclaim facility. "The public sector general insurance companies have not, I am emphasising on, have not revised or withdrawn the facility of cashless treatment," he said in the Lok Sabha. Mr Mukherjee said that the insurance firms have only started rationalising empanelment of hospitals and the standardisation of rates and specified procedures followed by these hospitals. From July 1, public sector insurance companies had suspended about 150 hospitals from their list of preferred provider network (PPN) which provide cashless hospitalisation services to policy holders under the mediclaim scheme. Last week, insurance regulator Irda chairman J Harinarayan had expressed hope that hospitals and insurers will be able to arrive at a mutual solution.
Buy Group Health Insurance Online For Human Resources, the biggest challenge today is to decide whether medical benefits should be offered to employees or not, what type of plans should be offered, what will be the cost and how will the cost be split between employees and employer. Well, most of these are subjective and would depend on a lot of factors including company size, average employee salary, etc. However, this article will give you a fair idea on how you should go about deciding these factors: 1. Why offer group health insurance benefit to employees : Studies have proved that retention rates among employers offering GHI are much higher than the ones who are not offering. Moreover, the cost of providing this benefit as a percentage of salary is very low as compared to the perceived value. As an example, say if average salary of an employee in your organization is 4 LPA. If you decide to offer a health insurance benefit to him for a Sum insured of ...