CONVEYANCE ALLOWANCE & MOBILE EXPENSESTO MICRO OFFICE IN-CHARGES W.E.F.01-02-2013

DEAR ALL,

Happy to inform you to all concerned that subsequent discussions had with New India CMD, Mr. G. Srinivasan on 09-01-2013 by our NFGIE Geneal Secretary, Mr. Sujit Baagchi and his delegation, Management has considering the revision in the conveynace allowance to Micro Office In-Charges and agreed to reimburse Mobile Expenses w.e.f. 01st Feb.,2013.  This revision applicable to all cities. The details are as under:

Premium Upto (Rs. in Lacs)                Allowance Payable (in Rs.) P.M.

            30                                                                2000

      >30    <50                                                          2500

      >50    <75                                                          3000

      >75    <100                                                        3500

     >100   <200                                                        4000

     >200   <300                                                        4500

     >300                                                                   5000   

MOBILE EXPENSES : Rs.500/- Per Month.

 ........EDITOR...

IRDA Plans Advanced Detection System to check Claim Frauds

Dear Viewrs,

Worried over fraud in the health insurance sector, Insurance Regulatory and Development Authority (IRDA) plans to build an advanced detection and prevention system to check fraudulent claims. 
In order to reduce the cost of insurance inflicted by fraud, IRDA said it is proposing to build advanced detection and prevention systems at industry level to identify fraudulent claims before payment occurs and to improve the accuracy of fraud detection. 

"Firms/organisations are advised to submit proposal to establish a comprehensive and complete solution for insurance fraud management within health insurance segment...," IRDA said, while inviting bids from eligible agencies for fraud prediction and detection analysis for underwriting and claims. 

The regulator said it is looking to develop the system to enable the industry to underwrite the proposals effectively by getting up-to-date information, fraud alerts and medical history from the central database and also price products based on reliable database. 

Among other things, the selected agency will have to assist the industry as well as the regulator with alerts related to fraudulent and suspicious transactions including overcharging, unlawful claim, false claims or multiple claims for same event in a particular region. 

Further, it intends to minimise cost at industry level by centralising data without individual insurers having to necessarily resort to both software and hardware solutions for the purpose of fraud prevention. 

The four PSU insurance firms -- National Insurance, New India Assurance, Oriental Insurance and United India Assurance -- had in July 2010 stopped the cashless facility in select private hospitals, alleging over-billing. 

They had alleged that some hospitals were charging patients who have health insurance policies at rates which are much higher than the normal cost of treatment. 

IRDA has already constituted Insurance Information Bureau of India (IIB), a central repository of insurance industry data, which is collecting, processing and disseminating data. 

Also, the proposed system aims to assist insurers efficiently manage the claims by getting relevant information on fraud and claim reporting patterns, also ensuring that genuine customers do not face hassles.

.......................................................................
.....EDITOR

FATE OF NEW INDIA DUE TO ""CWISS""

DEAR FRIENDS,

The following is the text of letter written to CMD of NEW INDIA by Mr. Sujit Bagchi, General Secretary of NFGIE on the above subject related. Pl do write such letters to CMD in case if any Region is facing such situations and experiences  due to CWISS Module. Which ultimately spoiling the image and business potentiality of NEW INDIA in General Insurance market.  Also send suggestions to us how to improve this CWISS module and make it as "user friendly". Our mail address: mhr_nia_1955@yahoo.co.in

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To

The Chairman-Cum-Managing Director

The New India Assurance Co. Ltd.

New India Assurance Building,

M  U  M  B  A  I.

                                                   

Through Mr K P Dass, CRM, KRO

Dear  Sir,

We have observed with deep concern that generating of salary sheet and payment of salary has become very irregular in all the R.O’s throughout the country in New India Assurance Co. Ltd. after the centralization of the salary at the H.O. level for faulty operation of CWISS.  Though we have taken up the issue at the R.O level there has not been any improvement in this matter.  Hence, we are sending again representation to you for your doing the needful and redressal of the same.  Moreover in respect of the leave encashment and payment of LTS advance there are numerous instances of delayed payment on the pretext of functioning of CWISS.  Even after more than a year of implementation of CWISS, generating of Mediclaim  Renewal Notice is still a far cry. 

We have given various representations on these points at R.O level and also during the visit of H.O. dignitaries at R.O. on various occasions but without any improvement so far. As a responsible trade union we cannot remain as an idle spectator to all these problems. 

It seems all these problems has aggravated further since your taking charge of New India Assurance Co. Ltd.  as CMD. It appears that a section of the top Management of the New India Assurance Co. Ltd.  at H.O level is not in a mood to extend full co-operation in your effort  to put New India Assurance Co. Ltd. on the right track of its glorious past.  Hope under your leadership New India Assurance Co. Ltd. will overcome all these shortcomings.

Thanking you

Yours faithfully

 Sd/-

(SUJIT BAGCHI )

GENERAL SECRETARY 

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.......EDITOR