[AI] Govt. plans insurance scheme for disabled

akhilesh akhil.akhil29 at gmail.com
Sat Sep 15 20:07:32 EDT 2007


On 9/15/07, mufazal munshi <mufshi at hotmail.com> wrote:
> there is no specific mention for the scheme being in place for the blind.
> however, i presume it will b applicable? smile!
> muffi.
>
> ----- Original Message -----
> From: "Sameer" <sameer.latey at yahoo.co.in>
> To: "Access India" <accessindia at accessindia.org.in>
> Sent: Friday, September 14, 2007 8:13 PM
> Subject: [AI] Govt. plans insurance scheme for disabled
>
>
> >
> >
> > Govt plans insurance scheme for disabled
> >
> > Sreelatha Menon / New Delhi September 14, 2007
> >
> > May implement the Rs 2,400 crore programme this fiscal.
> >
> >
> >
> > While the social security Bill for the unorganized sector may take a long
> > time in becoming a reality, the disabled in the country may get their own
> > insurance
> >
> > scheme funded by a unique corpus soon.
> >
> >
> >
> > The disabled who have been denied insurance cover by companies all these
> > years stand to get insurance as a right once the scheme is in place this
> > year.
> >
> > The source of the funding of the insurance scheme is also unique.
> >
> >
> >
> > It is to be funded through a Rs 2400 crore corpus that has accrued to the
> > Ministry for Social Justice and Empowerment from public sector banks.
> >
> >
> >
> > These banks, which had made a profit while rounding off their accounts,
> > had
> > been asked by the Supreme Court to spend the money for public good
> > specifically
> >
> > for the disabled after a PIL three years ago.
> >
> >
> >
> > The ministry, which has started receiving the money, plans to implement
> > the
> > insurance scheme in this financial year using the funds.
> >
> >
> >
> > Interest from this corpus would be used for various disability welfare
> > schemes and the insurance scheme will benefit from this fund, officials
> > said.
> >
> >
> >
> > The National Trust for the Welfare of Persons with Autism, Cerebral Palsy,
> > Mental retardation and Multiple disabilities and the Chief Commissioner
> > for
> > Persons
> >
> > with Disabilities are working out the social security cum insurance cover
> > with various insurance companies.
> >
> >
> >
> > A three-member team of experts, including Pradeep Ghosh of the NGO Oasis
> > Bhopal, Dr T V Ramesh of Insurance brokering firm Alegion in Chennai, and
> > Shyamala,
> >
> > director of Adi (formely Spastic Society of Northern India, has been
> > working
> > on the insurance scheme with the actuaries of insurance companies for the
> >
> > last four months.
> >
> >
> >
> > Pradeep Ghosh, one of the experts working out details of the insurance
> > scheme with actuaries, said it was likely to be implemented on a pilot
> > basis
> > in one
> >
> > or two districts to begin with and would be spread out to the rest of the
> > country in phases. Ghosh added that it was a big achievement for the
> > disabled
> >
> > as they had been denied insurance cover by all companies so far.
> >
> >
> >
> > Ghosh himself an Ashoka social entrepreneur who was formerly with the IT
> > sector said the insurance companies came forward for a
> > Governemnt-supported
> > insurance
> >
> > scheme after disability activists and lawyer Colin Gonsalvez threatened
> > last
> > year to move the court on the denial of insurance cover to disabled.
> >
> >
> >
> > Poonam Natarajan Chairperson of the National Trust said that the scheme
> > was
> > being processed and she would not be in a position to give details now.
> >
> >
> >
> > However sources said that the insurance cover would later incorporate
> > products like endowment policies which would provide pensions to the
> > disabled.
> >
> >
> >
> > The two national agencies on disability would be sending a proposal of
> > demands to the insurance companies and the scheme is likely to be
> > implemented in
> >
> > this financial year, sources said.
> >
> >
> >
> > Regards
> >
> > Sameer Latey
> > Mumbai, India
> >
> >
> >
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