MEDICAL INSURANCE SCHEME FOR RETIRED STAFF
As per 10th Bipartite Settlement/Joint Note dated 25-05-2015 we are switching over to new medical insurance scheme for retired staff in tie up with United India Insurance Co. Ltd.
*Last date for receiving the consent letter for joining New Medical Insurance Scheme for retired staff has been extended upto 10-01-2016 . Those pensioners who have earlier not opted for 'SIB Ashwas Plus' are also eligible to join the new Medical Insurance policy
Basic features of the policy:
Total annual premium
- For Officers(retired) :Rs 6573/- + ST (14.5%)
- For Award Staff retired): Rs 4930/- + ST (14.5%)
Insurance cover
- For Officers (retired): Rs 4,00,000/-
- For Award Staff (retired): Rs 3,00,000/-
Dependents
Dependents are not covered except spouse.
Preexisting illness
All preexisting illnesses are covered.
Recognized system of medicines
Reimbursement of expenses is available for following treatments: Allopathic, Ayurvedic, Unani, Sidha, Homeopathy & Naturopathy.
Following covers are not available in retirees medical insurance policy:
· Maternity Expenses
· Critical Illness Cover
· Domiciliary Expenses
· Dependents are not covered ( only retiree + Spouse)
· Corporate Buffer Facility