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GMP for OPD expenses introduced for 70+ RBI Pensioners effective January 1, 2018

1. Group Mediclaim Policy from New India Assurance Company Ltd to cover OPD expenses to pensioners of 70 years of age and above which will commence from January 1, 2018 and will be valid up to December 31, 2018 has been introduced by the Bank vide  HRMD circular dated November 10,2017. 2.  The policy will  cover pensioners and…

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RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2017-18) for RBI retirees -Renewal for the period August 15, 2017 – August 14, 2018

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…

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RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2016-17) for RBI retirees renewed with United India Insurance co.

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…

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Violations by IFFCO TOKIO General Insurance Co. Ltd.-Group Mediclaim Policy 2015-16

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…

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RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2015-16) for RBI retirees renewed with IFFCO Tokio GIC Ltd.

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.

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Investigations of Member Retirees (MAF cashless scheme) by TPAs not allowed -says RBI

In Bank’s RTI reply dated 29th July 15 to the  issues raised in our earlier post dated 17th July 15, the Bank says that such assailing of privacy was neither the part of the Policy nor it  was  allowed  by the Bank. It is further stated by the Bank that matter was taken up with…

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RBI Retirees’ subjected to Investigations on behalf of TPA under (MAF)Cashless Scheme

We have received reports that  TPA Medi Assist is subjecting retirees-(MAF) member patients- to uncalled-for investigations while the patients are undergoing treatment/procedures at the approved hospitals. The investigations have been conducted at the residence of the patient after the discharge from the hospital and, in some cases, at the Hospital concerned prior to the discharge. The members undergoing treatment/procedure have also been photographed through…

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MAF scheme- Group Mediclaim Policy renewed for 2014-15

RBI by its letter dated 14th August 2014 enhanced the Grade wise limits for Group Mediclaim Policy : Grade-wise limits-Sum insured & limit of Bed charges of Retired Employee & Spouse Category Sum Insured & Limit per hospitalization     ( Rs) Limit of Bed Charges per day for normal hospitalization(Rs) Limit of Bed charges…