In management schools vertical integration is taught and there are positive and negative points in having the same.The greatest point is economies.At the same time
under corporate governance, privacy and ethics aspects we are supposed to behave differently.
TPA's are facing rough weather as covered in my various blogs in the past.As predicted by me the third-party administrator business in insurance is going through a churn, with conflict-of-interest issues hastening stake sales.
Bangalore-based TTK Healthcare Services, a third party administrator (TPA) is up for sale. Zurich based Swiss Reinsurance Company, the world’s second largest reinsurance company, owns 26 percent in TTK Healthcare, while the remaining 74 percent is owned by TTK Group and India Value Funds Advisors, a private equity fund.
Sources close to the development said this followed Swiss Re’s decision to go for a joint venture with Religare Enterprises to set up a health insurance company.
We will like to raise the question -Will the insurance companies stop dealing with insurance brokerge firm of Religare? Any health insurance quote given by the insurance company can be used/misused by Religare Swiss re Health co.We will welcome response from any insurance company in this regard
Should we expect the same thing to happen with some other TPA's?
Wednesday, July 15, 2009
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Several individuals tend not to have to be concerned about forking over for their personal healthcare charges or in relation to buying insurance simply because they dwell in nations where his or her governments consider care of them. However, for the remainder of all of us, we are much better off deciding into a health and wellbeing insurance plan, such as a group health insurance plan. However how do you acquire into one of these programs and what are they?
A group health policy is certainly not for family members or individual people. It is bought by organisations who prefer to provide their important workers with health protection. For worker to opt into the corporation health insurance plan, she or he ought to work a specific amount of time each seven days or far more.
All insurance policies plans are different. They will come at various costs and will cover several kinds of issues. To discover out what your insurance plan details are, you will need to ask your boss about your insurance plan, so everyone can discover out how it succeeds.
Group Health Insurance Plans
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