RBI has recently made a significant modification to the Master circular Para 12.1 As per para 12.1 the dispensary facility such as free treatment and issue of drugs on credit slips as per norms is accessible only at Centers where regular full-fledged dispensaries in charge of part-time BMOs/ BMCs are established with arrangements for stocking... Continue Reading →
RBI- (MAFS)-Group Mediclaim Policy (2024) for Retired Members of MAFS
There is an increase in bed charges and ICU charges
Medical Assistance Fund Scheme (MAFS)-GMP for retired members of MAFS-August 15, 2023 to December 31, 2023
After the expiry of the earlier cashless GMP policy under MAFS on August 14, 2023, RBI has extended the policy with the New India Assurance Co. Ltd. for the period up to 31.12.23 on the same terms and conditions.The new policy will be effective for all hospitalisations commencing on or after August 15, 2023. Hospitalisation... Continue Reading →
(MAFS) – GMP for Retired members-settlement of claims on PPN rates
PPN stands for Preferred Provider Network /Preferred Partner Network. It means a Network of hospitals in India which have agreed to cashless package pricing for the insured. Every hospital that has a tie-up with the insurance company maintains three different rates for the same treatment.
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