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Home LOCAL

Group Mediclaim Health Insurance: Finance Dept issues clarification

KI News by KI News
October 10, 2018
in LOCAL
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SRINAGAR, OCTOBER 09: The Government today clarified that the officers / officials who have been deputed outside the state shall deposit / remit the prescribed premium on account of Group Mediclaim Health Insurance Scheme directly into the concerned Head of Account (8235) through challan and submit the prescribed enrollment form to M/s Trinity Reinsurance Broker Ltd in Jammu / Srinagar along with the copy of the challan for enrolment.

According to a circular issued by the Finance Department, in case of the employees who retire on or after 30.09.2018 (during the policy period) the DDO concerned shall deduct the premium of 1st quarter from the salaries of the said employees as per the prescribed rates. “The balance premium amount of the remaining quarters shall have to be deducted by the concerned DDO in one installment at the time his/her retirement,” it said adding that in case of the employees whose salary cannot be drawn for the month of September or for the months in which the premium for other quarters are payable, due to some administrative reasons or budget constraints, the concerned employee(s) shall have to deposit / remit the prescribed premium in the concerned treasuries through challan against the proper Head of Account under intimation to their concerned DDO(s).

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It further said that in case, any office/official is under suspension during the policy period and desires to opt for the instant Health Insurance Policy, he/she can deposit the whole premium amount of Rs 8777 in one go immediately and remit the same against the proper Head of Account through his concerned DDO.

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Kashmir Images is an English language daily newspaper published from Srinagar (J&K), India. The newspaper is one of the largest circulated English dailies of Kashmir and its hard copies reach every nook and corner of Kashmir Valley besides Jammu and Ladakh region.

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