Deadlock in the renewal of Group Health Insurance Scheme..

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Employees are aware that, due to the initiative taken by BSNLEU, a Voluntary Group Health Insurance scheme has been implemented in BSNL. In this connection, the MoU signed between BSNL Management and Oriental Insurance Company last year has expired on 31–05–2024. Many rounds of meetings have been held between BSNL Management, Oriental Insurance Company, and the Recognised Unions and Associations, for the renewal of the MoU. So far, no agreement could be reached. This is because, Oriental Insurance Company has steeply increased the premium amounts. For example, for a policy of Rs.5 lakh, for self, spouse, and three children, the premium amount was Rs.24,222 last year.  However, Oriental Insurance Company has increased this amount to Rs.34,810 for the coming year. All the Recognised Unions and Associations did not accept such a high premium amount. At the same time, no other insurance company, either in public sector or in private sector, is prepared to offer lesser premium amount. From 01-06-2024 onwards, the employees are left with no Group Health Insurance Scheme.  Under these circumstances, the Corporate Office has issued letter to the recognised unions and associations, requesting them to inform within a week, whether any other insurance company is prepared to offer lesser premium amount, then the Oriental Insurance Company’s premium amount. The Corporate Office letter is enclosed for the information of our comrades.

[Date : 27 - Jun - 2024]