Page 12 - Insurance Times June 2021
P. 12
Health Insurance News
Flipkart introduces wellness medical expenses, and critical illness Magistrate (DM) and endorsed by the
cover with lump sum payment. nodal state health authority will be
and care initiatives for its sufficient to process these claims.
staff FM asks Insurance Compa- A total of 4.65 lakh claims have been
E-commerce major, Flipkart has nies to Settle Claims Faster paid amounting to Rs. 9,307 crore
revamped its existing policies and under PMJJBY. Since the beginning of
Finance Minister NirmalaSitharaman
introduced new wellness and care the pandemic that is April 2020
asked insurers to accelerate the
initiatives for its full-time employees in onwards till date, 1.2 lakh claims have
disbursement of pendingcovid claims.
India, as the pandemic continues to been paid amounting to Rs. 2,403
pose challenges. Amid rising claims owing to the crore, at a disposal rate of 99 per cent.
ravaging Coronavirus pandemic,
The company has introduced an Appreciating the recent efforts made
unlimited medical insurance cover for Finance Minister Nirmala Sitharaman by insurance companies and banks in
all its full-time employees, including its held a review meeting with heads of speedy processing of claims, she said
supply chain staff, in the country. This insurance companies, under the that insurance company officials should
Pradhan MantriGarib Kalyan Package
insurance is expected to cover all continue being sympathetic while
medical expenses and cost of (PMGKP) insurance scheme for health providing services to nominees of dead
workers fighting the infection. policy holders, especially during
hospitalization, without any upper limit
and without employees paying According to official sources, she asked pandemic period.
premium for it. insurers to accelerate the
disbursement of pending claims under 20 lakh 'golden cards'
"The unlimited medical cover for all
full-time employees, including supply the Pradhan Mantri Jeevan Jyoti Bima issued under PM health
Yojana (PMJJBY).
chain staff, covers any and all insurance scheme in
unfortunate circumstances that During the meeting which was held
require medical treatment. This is virtually, the Finance Minister noted Jammu
irrespective of the cost of treatment. that under the PMGKP scheme, a total The Jammu and Kashmir Health
For example, if someone needs cancer of 419 claims have been paid as on Department till now has issued over
treatment that may cost Rs. 1 crore, date, amounting to Rs. 209.5 crore 20.24 lakh 'golden cards' under the
it will be covered," explained a Flipkart disbursed in the account of their Ayushman Bharat-PMJAY-Sehat scheme
spokesperson. nominees. in the Jammu division to provide a yearly
In addition to this, the company has To address the issue of delays arising health insurance cover of up to Rs. 5
also enhanced its medical cover policy out of states sending documents, Ms lakh, an official said.
for employees. Flipkart has introduced Sitharaman said that a new system has The Ayushman Bharat-Pradhan Mantri
mental wellness cover for all been put in place whereby a simple Jan ArogyaYojna (AB-PMJAY), a
treatments, advance procedures, non- certificate from the District universal health insurance scheme,
12 The Insurance Times, June 2021