Discussions with IBA on Medical Insurance Scheme ALL INDIA STATE BANK OFFICERS’ FEDERATION (Registered under the Trade Unions Act 1926, Registration No: 727/MDS) State Bank Buildings, St. Mark’s Road, Bangalore – 560 001 CIRCULAR NO.86 DATE: 10.08.2018 TO ALL OUR AFFILIATES/MEMBERS: DISCUSSIONS WITH IBA ON MEDICAL INSURANCE SCHEME We reproduce hereunder the text of AIBOC Circular No.57 dated 9th August, 2018 contents of which are self-explicit. (Y.SUDARSHAN) GENERAL SECRETARY CIRCULAR No. UFBU/2018/14 Date : 08-08-2018 TO ALL CONSTITUENT UNIONS/MEMBERS Dear Comrades, DISCUSSIONS WITH IBA ON MEDICAL INSURANCE SCHEME As already informed to units, bipartite meeting was held today between IBA and UFBU regarding renewal of our Medical Insurance Policy for serving employees/ officers as well as for the retirees for the ensuing period 2018-19. IBA team was represented by Shri Rajkumar, Dy. Chief Executive, Shri S K Kakkar, Sr. Advisor (HR&IR), and Shri K ...

IBA INDIAN BANKS’ ASSOCIATION HR & INDUSTRIAL RELATIONS No.HR&IR/SKK/Medical Ins/2018-19/5041 May 8, 2018 Shri Sanjev K.Bandish,Convenor,UFBU United Forum of Bank Unions, C/o State Bank of India,LHO,Plot no.1, Sector -17A Chandigarh – 1600017 Dear Sir, Medical Insurance Scheme – constitution of committee Please refer to our earlier communication in the subject matter and discussions held on 5th May,2018 with the Negotiating Committee. As desired , we place below the four suggested options: i. Banks may go back to the earlier Hospitalization Expenses reimbursement Scheme as was in vogue till 9th Bi-partite settlement for employees and dependent family members. ii. Directly deal with united India Insurance Co.Ltd or any other Insurance Company by calling quotes, without any interference from Broker. iii. Advise banks to decide on the course of Medical Insurance Scheme on their own. Each Bank can negotiate with Insurance Companies to provide a Scheme tailor made to the requirement...