LIC has decided to provide 100 % subsidy in prenium for Compulsory Family Floater Sum Insured under Group Mediclaim Scheme to retired employees aged 71 (last birthday) and above/ spouse of deceased employee or retired employee and their eligible family members subsidy under the scheme from the policy year 2025-26 and onwards
As a result :
Category I
(I)
There is Reduction in mediclaim premium of Rs 1436.1338 per month for the Pensioner aged 76+.
And Rs 500.7133 per month for spouse aged 76+
And
(II)
Reduction in Mediclaim premium of Rs 1107.2333 per month for the Pensioner aged 71-75
And Rs 363.3171 per month for spouse aged 71-75
Category II
(I)
There is Reduction in mediclaim premium of Rs 1238.3854 per month for the Pensioner aged 76+.
And Rs 431.7571 per month for spouse aged 76+
And
(II)
Reduction in Mediclaim premium of Rs 954.6938 per month for the Pensioner aged 71-75
And Rs 313.2654 per month for spouse aged 71-75.
R K SAHNI
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