UNION BANK RETIRED
EMPLOYEES' ASSOCIATION
Shri K.Ravi,
General Secretary.,
Union Bank Retired Staff Association,
Tamilnadu.
Friend,
Medical Insurance
I am referring to your e-communications with Shri M.K.Mundul, Jt.
Gen. Sec. of our Maharashtra counter part. I substantially concur with
all the views expressed therein.
Certain portion from the Report placed by GS, AIBEA before its recent
Rajkot CC is forwarded to you few minutes before. (Inadvertently I have
wrongly typed "AIBRF" in the subject portion instead of correct
"AIBEA").
An abstract from that Report is reproduced here under.
"Unlimited reimbursement would available because the Rs. 100 crore buffer corpus is applicable to them (retirees)also".
It
means, retirees and their spouses will be also included in that Rs.100
crores corpus and may get reimbursement in cases of expenses beyond
Rs.3/4 lacs in any year.
However,
when I touched this aspect with Shri C.N.Prasad, General Secretary,
State Bank of Mysore Pensioners' Commune (HQ:Bangalore) during recent
Indore CC of AIBRF, he opined that in all (including dependent
family members) the group medical insurance scheme of IBA will cover
around 44 lacs lives. The corpus of Rs.100/- crores will be too low to
meet with the requirements of all.
Anyhow, I am just sharing my views with you, Shri Mundul and others.
With greetings,
Yours sincerely,
B.G.Raithatha,