Stopping cashless medical insurance is break of agreement

It is unfortunate that even public-sector Insurance Companies have joined private-sector ones in their cold attitude towards their individual customers when large number of chief hospitals were de-listed by these public-sector Insurance companies for extending cashless reimbursement for availing medical facilities through mediclaim policies. It is a break of agreement when the facility was discontinued uninformed to policy-holders unexpectedly from 01.07.2010.

However Insurance companies for prospect can issue two types of mediclaim policies, with cashless policies valid at all hospitals as before, at some higher premium than normal policies without cashless ability during treatment. But any such system should be for new policies only. It is pointless to break the contract with policy-holders by midway termination of any earlier prevailing facility including cashless mediclaim at different hospitals.

Union government should combine all public-sector Insurance companies in one united company to save largely on advertisements and overheads.