FEDERATION OF RETIRED LIC CLASS I OFFICERS' ASSOCIATIONS
President : N.P. Bali 705, Sur, Veena Saaz, Thakur Complex, Kandivali (East), Mumbai - 400 101 Mob : 9820324213 Email Id - npbali@hotmail.com | General Secretary : D Krishnan No.6/1, Sreshta Riverside Apartments, Wood Creek Road, Nandambakkam, Chennai - 600089 Tel : 9176635967 / 044 42850049. Email Id - dkrishnan1@gmail.com |
E circular No.DK/18 14-04-2020
Dear Friends,
The Lock-Down stands extended, and all normal things, we usually discuss in our Circulars have no scope for elaboration, till sanity returns to National Life. However, the LIC Circular on next financial year's Mediclaim Policy Renewal, issued on the 13th April, by the CO, does offer some scope for application of mind. The CO Circular on the subject is being reproduced here for the information of all.
As a sequel to this Circular of CO, I have addressed a communication to the Secretary ER, Smt Aruna Seth, which also is being sent as part of this Circular.
The Premium levels have risen uniformly by about 12%, and the Hospital Room Rent Limit for the 40 and 50 lakh Floater cover category, has been marginally raised. Apart from these, the CO Circular hardly makes any departure from the previous year's Terms and Conditions.
One significant thing about the current National situation is that , it has pushed to the background all employee matters , including those of the Banks which had gone almost 95% into clinching terms for change, before the Virus marched ahead , relegating all matters to a denuded position. When matters normalize eventually, it remains to be seen, if the Denominator- values will bring in views, for discussions on employee benefits, in a different light. Such has been the sweeping nature of changes that have overtaken the National scenario on all fronts.
Wishing all our Members all over the country, a very happy and healthy (Regional) New Year, which has just started, with Baisaki, Naba Barsha, Tamil Puthandu and the Vishu, and any other, not covered by these , very recently.
D.Krishnan.
PS:The above circular was delivered to my spam folder. Hence it could not come to my notice earlier. Yesterday I scanned my spam folder and I noticed three circulars from GS. I have uploaded two circulars on my blog last night.
R K Sahni
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