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The State Finance department has issued an order to this effect based on the budget announcement.
The government has proposed that from FY24, proceeds received by a person who makes aggregate contribution for life insurance above Rs 0.5m will be taxed.
The court further stated that the company has the right to later recover this amount from the owner and the driver.
Medisep lists 1,920 treatment procedures and services for reimbursement. In the majority of these procedures, private hospitals receive more than double the amount the government hospitals get from the insurer.
HC upheld Ombudsman’s order to allocate Rs seven lakh towards the insurance claim.
The insurance sum is the amount listed under personal accident insurance coverage in KSRTC Act, 2014.
The Kerala Government has decided to extend the last date for adding names or making corrections in the MEDISEP identity cards until 25 August. Those who do not correct the mistakes in the cards wouldn’t get insurance coverage. Besides, those who haven’t got the cards until now too can apply now.
The non-cooperation of hospitals are more evident in Pathanamthitta, Alappuzha, Ernakulam, Kozhikode and Kannur districts.
Parents must ensure that they have adequate life insurance coverage in order to provide for their children as they grow older. A term life insurance policy is an excellent choice for this purpose.
As per the complaints patients are being turned away from a few hospitals stating that the MEDISEP does not cover certain diseases.