Financial Daily from THE HINDU group of publications
Thursday, Feb 26, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Money & Banking - General Insurance


Union demands scrapping of TPA system

Our Bureau

New Delhi , Feb. 25

The New India Assurance Co Ltd management has come under pressure from a section of its employees' unions to scrap the third party administrator (TPA) system.

In a paper outlining several demands that was presented to the NIAC management, the Bharatiya Vima Karmachari Sena (BVKS) has demanded the withdrawal of the transfer and mobility (TMP) policy in its present form. The union has said that the policy should be made need-based.

On health insurance, the union has suggested that instead of TPAs, the management should think of starting mediclaim customer care centres to cater to the public insured under the scheme.

More Stories on : General Insurance

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
A.V. Birla eyes pension funds sector — To push insurance biz aggressively


Rupee moves up; g-sec volumes rise
GAIL shifts to e-banking
BoI awards $150-m 10-year outsourcing contract to HP India
Insurance VRS optees to be relieved from tomorrow
SBT loan for house plots
Union demands scrapping of TPA system
ADB rupee issue oversubscribed
UTI Bank bullish on South; plans major expansion
PNB sets up panel on performance audit
Awaiting administrative guidelines from Govt — ABN Amro has no plans for arm right now
S&P expects near-term rates to hold
Thanks to cheap credit, you can live life king-size
Banks urged to meet Rozgar Yojana targets
Fraudster on the prowl with `Visa-security' id?
T.R. Madhavan is Dhanalakshmi Bank Managing Director



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line