Saturday, January 24, 2009

SATYAM RENEWS STAFF HEALTH INSURANCE

Hyderabad: There is a big relief for thousands of employees of the scam-hit Satyam Computer Services across the country on the health insurance front. The Hyderabad-based company has renewed the group health insurance for its employees. According to a Satyam spokesperson, the last date for the payment of the premium was and the company promptly renewed it.

The company has Iffco-Tokio General Insurance Co. as its insurer and TTK Health Care Pvt. Ltd. as the Third Party Administrator (TPA). The renewal premium was roughly about Rs 30 crore. Incidentally, the insurance premium expired at midnight yesterday.
Meanwhile, the company has also said the insurance premium for the Satyamites in the US was paid.
Source: The Hindu Business Line

3 comments:

Reliable Insurance said...

Wow it is nice to hear..I never knew this..

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