As the earlier cashless GMP policy under MAFS taken from Bajaj Allianz General Insurance Company Ltd. expired on August 14, 2019, the policy has now been placed with New India Assurance company Ltd. for a further period of one year (15-8-19 to 14-8-20) on the mutually agreed terms and conditions. As there is a change…
As you may be aware that RBI has renewed GMP for OPD to RBI Pensioners by their circular dated January 1, 2019. Policy Period is – January 1, 2019 to December 31, 2019. Details of circular are given below: 1. Forwarding letter. 2. Salient features 3. TPAs names and Zones allotted 4. Relationship Managers with email…
But it has been a continuing general grievance for the past several years that whenever a new insurer is introduced for reasons best known to bank, the ID cards are not dispatched within reasonable period . It is so because at the time of changing the insurer, the bank does not impose a condition that cards are issued within one month invariably. And if not , a penalty clause must have been included in the agreed terms and conditions..
As the earlier cashless GMP policy under MAFS taken from United India Insurance Company Ltd expired on August 14, 2018, the policy has now been renewed for a further period of one year (15-8-18 to 14-8-19) with Bajaj Allianz General Insurance co. Ltd. on the mutually agreed terms and conditions. As there is a change…
Delay of about four months in providing the data that is already available with offices and has since been transferred to Central office does not speak well of the functioning in the Bank. Die hard advocates of the bank who prefer to overlook inordinate delays in almost all matters pertaining to retirees and shower praises on the Bank for bringing the scheme on its own, must also consider that a suffering claimant’s account needs reimbursement that in many cases runs in thousands. Of what use the praise of the bank is to him?
This is in continuation of our earlier post dated 10th November. RBI has now issued detailed clarifications for GMP for OPD to RBI Pensioners by their circular dated January 1, 2018. Policy Period is – January 1, 2018 to December 31, 2018. As the circular consists of 16 pages, it has been divided into 9 sections, for…
As the earlier cashless Medi claim policy taken from United India Insurance Company Ltd expired on August 14, 2017, RBI has, now, renewed the policy for a further period of one year (15-8-17 to 14-8-18) with United India Insurance Co.Ltd. (UIIC) on the mutually agreed terms and conditions. There is no change in the Third Party…
The earlier cashless Medi claim policy with the private sector company – IFFCO TOKIO– expired on August 14, 2016. RBI has ,now, renewed the policy for a period of one year (15-8-16 to 14-8-17) with United India Insurance Co. Ltd.(UIIC). There is a change in the Grade-wise limit for ICU, room/bed charges, sum insured per hospitalization. There…
We have come to know from the retired members of MAFS that the present Insurance company -IFFCO Tokio- with whom the GMP contract for the period 2015/16 has been renewed- has initiated restrictive practices regarding settlement of their pre-authorisation bills with Network Hospitals. Some other unauthorised practices have also been observed in cases relating to planned hospitalisation such as, Cataract…
As per our unhappy past experience with the Insurance company and TPAs regarding issue of new ID cards, and as the Bank has used the phrase “in due course” instead of prescribing a time limit for issue of new ID cards, retirees may remain vigilant, and in case they do not receive new ID cards within 3 weeks, they should contact the Relationship Managers concerned for immediate issue of ID cards along with details of Hospitals empanelled.
