IndiaInsurance
29th July 2010, 07:57 AM
The Competition Commission of India (CCI) may take up the cause for consumers who have been hit hard due to the new arrangement entered into by leading insurance companies. In the new arrangement, the insurance companies will stop making direct payments to hospitals on behalf of their policy holders a pre-requisite as per the cashless mediclaim policy they offer. According to CCI sources, though the commission is yet to take a final call, however, it may soon start a thorough review of the matter to see if there have been any breach of the Competition Act, 2002. Earlier this month, ...
More... (http://in.biz.yahoo.com/100728/50/baw10n.html)
More... (http://in.biz.yahoo.com/100728/50/baw10n.html)