Implementation of Group Health Insurance Scheme..

As all are aware, BSNLEU had taken efforts continuously, for implementing a Group Health Insurance Scheme for the employees. Based on this, an MoU was signed between BSNL and the New India Assurance Company. However, this MoU was not approved by the Corporate Office of New India Assurance Company. Thereafter, based on the request of the Union, the Corporate Office once again called for the quotations afresh from various insurance companies. Three companies, viz., the United India Insurance Company Ltd., The New India Assurance Company Ltd., and the Oriental Insurance Company Ltd., submitted their quotations. In this, the quotations of the Oriental Insurance Company Ltd. are the lowest, which are as follows (for Rs.5 lakh policy)

 

(1)   Option 1 - Without parents – Rs.16,041/-

(2)   Option 2 - With 1 parent  - Rs.25,814/-

(3)   Option 3 - With 2 parents  - Rs.35,804/-

 

Since, the amounts quoted are very high, the BSNL Corporate Office tried to negotiate with the Oriental Insurance Company Ltd. for reducing the premium amount. Today, Com.P.Abhimanyu, GS, discussed this issue with Shri S.P. Singh, GM(Admn.), who replied that the Oriental Insurance Company is not prepared to reduce the premium amount any more. There is a deadlock on this matter. Now, we have to advise the Corporate Office either to proceed and sign the MoU based on the quoted amount or to drop the proposal of implementing Group Health Insurance Scheme for the employees. CHQ requests the circle secretaries and central office bearers to immediately convey their views to the CHQ, so that, BSNLEU can give it’s suggestion to the Corporate Office. 

[Date : 17 - Jan - 2022]