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ANNUAL REPORT 2011-12<br />

SI.<br />

No.<br />

Name of the TPA<br />

TABLE I.49<br />

TPA INFRASTRUCTURE (Contd.)<br />

No. of Hospitals<br />

Added to the<br />

Network<br />

Total No. of<br />

Hospitals in the<br />

Network<br />

No. of New<br />

Branches<br />

Opened<br />

Manpower<br />

Added Including<br />

Professionals<br />

21 TTK Healthcare TPA 298 5895 1 158<br />

22 Grand Healthcare 731 1268 0 3<br />

23 Paramount Health 1013 4052 3 49<br />

24 Anyuta Medinet NR NR NR NR<br />

25 East West Assist TPA 37 3536 2 19<br />

26 Focus Healthcare NR NR NR NR<br />

27 Sri Gokulam Health NR NR NR NR<br />

28 Spurthi Meditech TPA 2253 2362 0 16<br />

29 Universal Medi-Aid NR NR NR NR<br />

TOTAL 8644 78207 43 3939<br />

NR - Not Received.<br />

TABLE I.50<br />

THIRD PARTY ADMINISTRATORS - CLAIMS DATA*<br />

Year<br />

Claims<br />

Received<br />

during the year<br />

≤ 1<br />

month<br />

Claims Settled (duration wise)<br />

> 1 to ≤ 3<br />

months<br />

> 3 to ≤ 6<br />

months<br />

> 6<br />

months<br />

Claims<br />

Outstanding<br />

2010-11 3641585 2745661<br />

(75.40)<br />

2011-12 3783261 3172461<br />

(83.86)<br />

517069<br />

(14.20)<br />

403615<br />

(10.67)<br />

135808<br />

(3.73)<br />

59183<br />

(1.56)<br />

39859<br />

(1.09)<br />

14055<br />

(0.37)<br />

313013<br />

(8.60)<br />

302547<br />

(8.00)<br />

* Claims data includes claims intimated during the previous years.<br />

Figure in the brackets indicates the ratio (in per cent) of claims settled to the total claims received.<br />

During the year 2011-12, the Authority received 129<br />

complaints, of which 122 were disposed and 7<br />

complaints were outstanding as on 31 st March, 2012.<br />

I.4.6.7 During 2011-12, the TPAs received 37,83,261<br />

claims. Out of these, 83.86 per cent of the claims were<br />

settled within one month of reporting, which is an<br />

improvement when compared to previous years.<br />

Claims settled within one month of reporting was 75.40<br />

per cent in the year 2010-11 and 69.76 per cent in the<br />

year 2009-10.<br />

I.4.7 BUSINESS IN THE RURAL AND SOCIAL<br />

SECTOR<br />

I.4.7.1 The Regulations framed by the Authority on the<br />

obligations of the insurers towards rural and social<br />

sector stipulated targets to be fulfi lled by insurers on<br />

an annual basis. In terms of these regulations, insurers<br />

are required to cover year wise prescribed targets<br />

(i) in terms of number of lives under social obligations;<br />

and (ii) year wise prescribed targets in terms of<br />

percentage of policies to be underwritten and<br />

percentage of total gross premium income written<br />

direct by the life and non-life insurers respectively<br />

under rural obligations. The regulations require<br />

insurers to underwrite business in these segments<br />

based on the year of commencement of their<br />

operations and the applicable targets are linked to the<br />

year of operations of each insurer. For meeting these<br />

obligations, the regulations further provide that, if an<br />

insurance company commences operations in the<br />

64

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