United India Insurance, a public sector insurer, has bagged the Tamil Nadu government’s contract to offer health insurance scheme.
According to the contract, United India will provide a medical cover of up to Rs 4 lakh for a period of 4 years. The health insurance scheme seeks to give priority to government hospitals and will cover 950 types of medical treatment.
The previous government’s health insurance scheme –Kalaignar, provided a cover of Rs 1 lakh covering only 642 types of medical treatments.
The new health insurance scheme is expected to generate premiums close to Rs 600 crore.