IndiaInsurance
6th January 2011, 07:18 AM
American health insurance giants Aetna and United Healthcare are in the race to provide cashless service under health insurance in India. The two companies are among nine that have been shortlisted by government-owned general insurers which control close to 80% of the cashless mediclaim market.
The health giants are among the 24 that have responded to a request for joint venture proposals by the General Insurers Public Sector Association (GIPSA) that represents four of the largest health insurers —New India Assurance, National Insurance , Oriental Insurance and United India Insurance. These state-owned companies plan to float a captive third-party administrator (TPA) for managed healthcare services. GIPSA is seeking a partner that will provide technical support in networking and negotiating with healthcare providers.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/us-health-insurers-vie-for-cashless-service-in-india/articleshow/7226623.cms)
The health giants are among the 24 that have responded to a request for joint venture proposals by the General Insurers Public Sector Association (GIPSA) that represents four of the largest health insurers —New India Assurance, National Insurance , Oriental Insurance and United India Insurance. These state-owned companies plan to float a captive third-party administrator (TPA) for managed healthcare services. GIPSA is seeking a partner that will provide technical support in networking and negotiating with healthcare providers.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/us-health-insurers-vie-for-cashless-service-in-india/articleshow/7226623.cms)