Discussion on Renewal of BSNL Health Insurance at BSNL Corporate Office.

Meeting for renewal of BSNL Health Insurance was held yesterday the 29.04.2024, under the chairmanship of Shri Sanjeev Thyagi, PGM (Admin). Smt. Anita Johri, PGM(SR), Shri S.P.Singh PGM(Estt) and Shri Rajeev Sharma, DGM (Admin) were present in the meeting. Com.John Varghese, Acting General Secretary, Com.C.K. Gundanna, AGS and Com.Ashwin Kumar, Org. Secretary (CHQ) represented BSNLEU. It was noted that the renewal quote provided by M/s. Oriental Insurance was considerably high, and as a result, it was unanimously decided to reject the new rates.

BSNLEU demanded detailed information on the total outgo for each category of renewal and the total claims in each category, amount-wise. It was proposed to solicit quotes from other four PSU insurance companies and the top six private insurance companies also.

Furthermore, BSNLEU suggested that BSNL should contribute a certain percentage towards the renewal of premium, considering the significant savings of over 20 crores each year on BSNL MRS for the past two years. Figures Provided by M/s. Oriental Insurance Company are as follows:

Total Premium Paid by BSNL: Rs 12.52 Cr

Policy Run Days: 278

Number of Optees: 4302

Reported Claims: Rs 17.22 Cr

Paid Claims: Rs 10.19 Cr

Repudiated Claims: Rs 0.28 Cr

Claims Pending for Payment: Rs 2.71 Cr

Total Incurred during Run Days: Rs 12.90 Cr

It was noted that the amount for remaining days are approximately Rs.10,30,351/-.