Orissa Mining Corporation Limited has published Tender For Selection Of Insurance Company For Implementation Of Omcs Group Health Insurance Scheme For Regular And Retired Employees And Their Family Members. Submission Date for this Tender is 23-06-2023. Insurance Service Tenders in bhubaneswar Odisha. Bidders can get complete Tender details and download the document.
| Sr No | CorrigendumDate | Corrignedum | CorrigendumType | NewSubmissionDate |
| 1 | 09-Jun-2023 | Corrigendum 1 | Technical Bid | 16-06-2023 |
| 2 | 16-Jun-2023 | Corrigendum 2 | Date | 21-06-2023 |
| 3 | 21-Jun-2023 | Corrigendum 3 | Date | 22-06-2023 |
| 4 | 22-Jun-2023 | Corrigendum 4 | Date | 23-06-2023 |
| Sl. No. | Item Description |
| 1 | PART A |
| 2 | Implementation of OMC’s Group Health Insurance Scheme for Regular and Retired Employees and their Family Members as per Scope of Work Total Number of Primary Members: 3500 Maximum Lives Covered: 3500*6 = 21000 |
| 3 | Premium Towards Corporate Buffer of INR 25 Lakh |
| 4 | Premium towards Corporate Buffer for additional INR 25 Lakh above INR 25 Lakh |
| 5 | Premium towards Corporate Buffer for additional INR 25 Lakh above INR 50 Lakh |
| 6 | Premium towards Corporate Buffer for additional INR 25 Lakh above INR 75 Lakh |
| 7 | Premium towards Corporate Buffer for every additional INR 10 Lakh amount beyond INR 1 Crore |
| 8 | PART B Discount for Low Claim Ratio for Year 2 on the premium paid in Year 1 |
| 9 | Incurred Claims Ratio under the Group Health Insurance Policy >= 80% and < 90% |
| 10 | Incurred Claims Ratio under the Group Health Insurance Policy >= 70% and < 80% |
| 11 | Incurred Claims Ratio under the Group Health Insurance Policy>= 60% and < 70% |
| 12 | Incurred Claims Ratio under the Group Health Insurance Policy >= 50% and < 60% |
| 13 | Incurred Claims Ratio under the Group Health Insurance Policy >= 40% and < 50% |
| 14 | Incurred Claims Ratio under the Group Health Insurance Policy >= 30% and < 40% |
| 15 | Incurred Claims Ratio under the Group Health Insurance Policy < 30% |
| 16 | Discount for Low Claim Ratio for Year 3 on the premium paid in Year 2 |
| 17 | Incurred Claims Ratio under the Group Health Insurance Policy >= 80% and < 90% |
| 18 | Incurred Claims Ratio under the Group Health Insurance Policy>= 70% and < 80% |
| 19 | Incurred Claims Ratio under the Group Health Insurance Policy>= 60% and < 70% |
| 20 | Incurred Claims Ratio under the Group Health Insurance Policy>= 50% and < 60% |
| 21 | Incurred Claims Ratio under the Group Health Insurance Policy >= 40% and < 50% |
| 22 | Incurred Claims Ratio under the Group Health Insurance Policy>= 30% and < 40% |
| 23 | Incurred Claims Ratio under the Group Health Insurance Policy < 30% |
| 24 | Note: For evaluation purpose, Grand Total of Part A shall be considered for establishing the Preferred Bidder (L1) |
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