Hi Amit, What is medical Reimbursement policy? Pls provide rules & procedure. Taksheeel
From United States, New York
Hi Taksheel,
Medical reimbursements is normally a component in the CTC structure. The government provides tax benefit for the expences made towards medical treatments and medicines of self and dependants. Original bills have to be submitted by end of the year to avail this tax benefit
The maximum amount of excempted is Rs. 15000/- per year.
Hope this clarifies.
Regards
Sathiya

From India, Madras
Dear Sender
Medical reimbursement is part of CTC.
It is Rs. 15000 p.a. or Rs. 1250/- p.m.
Also the reimursement of medical expenses will vary from organisation to organisation.
Some organisations will reimburse you the medical exp. incurred for self, spouse, dependent children for a fixed amount., having a tie up with insurance companies ( for domiciliary as well as for hospitalisation treatment) (where ESI is not applicable)
Procedure for claiming the medical reimbursement will vary from organisation to organisation.
Regards
L.Kumar

From India, Madras
Dear Kumar,
Medical reimbursement Rs.1250/- p.m what you have mentioned is absolutely right. The 2nd one that you have mentioned is referred as mediclaim, whcih is given as a benefit to the employees. Pls do correct me if I am wrong.
Regards
Sathiya

From India, Madras
Dear Dhaksheel
Medical reimbursement (domiciliarry and hospitalisation) procedure will vary from organisation to organisation depend upon the tie up they had with the insurance company.
Certain companies will pay Rs. 15000 p.a. or Rs. 1250 p.m. as medical allowance which covers the medical exp. for employees and his/her family. For hospitalisation, depend upon the tie up, filling up of medical claim form, attaching all original medical bills, reports, x-ray reports and hospital discharge summary, admit card, doctors prescription etc......
With regards
L.Kumar

From India, Madras
Every one telling Medical reimbursement Rs.1250/- p.m (anually upto 15000) . so i have one doubt here. if some one got job month of OCT. will he benifited that finace year upto 7500 or 15000.
From United States, Washington
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.