New Scheme of Hospitalisation Reimbursement

ALL INDIA BANK OFFICERS’ CONFEDERATION

Circular No. 2016/07                                                                              Date:06/02/2016

To All Affiliates/Members

Dear Comrades,

New Scheme of Hospitalisation Reimbursement – Reimbursement of Expenses on Domiciliary Treatment to Retired Officers

We invite the attention of the affiliates/members towards our circular No.2016/06 dated 03/02/2016, wherein, we had conveyed the discussions AIBOC had with IBA on the subject on 03/02/2016. IBA reiterated its stand to enforce United India Insurance Co. Ltd. (UNIICL) to abide by their commitment in honouring reimbursement of domiciliary treatment expenses incurred by the retired officers. Further, it has also extended the last date for joining the New Hospitalisation Scheme upto 31/03/2016.

We now understand that United India Insurance Co. Ltd. had written to the Bank Managements intimating their inability to reimburse the domiciliary treatment expenses to retirees. Further they had also stipulated 20/02/2016 as the last date for the retirees to withdraw from the Hospitalisation Reimbursement Scheme with full reimbursement of the premium.

This is a high handed attitude on the part of United India and we have taken up this issue strongly with IBA. It is also incorrect for United India to write to Banks directly, despite IBA stand made clear to them (UIICL) to honour the commitments towards reimbursement of expenses towards domiciliary treatments of retirees. We have once again taken up the issue with IBA. IBA has very strongly reacted to the communication of United India Insurance Company with advise to member Banks. Another communication sent by us to IBA today is also attached for your information.

All our Affiliates are requested to prevail upon their Managements:

a. Not to act on the instructions of United India Insurance Co Ltd.

b. To seek instructions from IBA as the Scheme has been introduced at the behest of IBA.

Further developments will be communicated in time. Our letter addressed to IBA is enclosed herewith for your information.

With warm greetings,

Yours comradely,

(HARVINDER SINGH)

GENERAL SECRETARY

Encl: Our letter Ref: 2016/12 sent to IBA.