Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners

Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; As per Tender Document at

Service
Qty:NaN
EST Bid: ₹1.1 Crore

Tender Timeline

Tender Issue
May 19, 2025 at 1:20 PM
Corrigendum
June 11, 2025 at 03:18 PM
Bid Extended to June 25, 2025 at 11:00 AM

Tender Title: Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners

Reference Number: f9401d3

Issuing Authority: Department of Agriculture Cooperation and Farmers Welfare, Ministry of Agriculture and Farmers Welfare

The Group Mediclaim Insurance Service tender is aimed at providing comprehensive health insurance coverage for retired, superannuated, and pensioners associated with the Department of Agriculture Cooperation and Farmers Welfare. This initiative is designed to ensure financial security and access to quality healthcare services for eligible individuals after their retirement.

Scope of Work and Objectives

The selected service provider will be required to deliver mediclaim insurance services that encompass a wide range of health-related expenses incurred by the insured individuals. The objectives include:

  • Providing a robust insurance plan that covers hospitalization, surgeries, consultations, and other necessary medical expenses.
  • Ensuring seamless claims processing and assistance for the policyholders.
  • Developing customized insurance plans that cater to the unique needs of retirees and pensioners.

Eligibility Criteria

To be considered for this tender, bidders must meet the following eligibility criteria:

  • The bidders must be a registered insurance provider with the necessary licenses and certifications to operate in this domain.
  • The service provider should have prior experience in managing group mediclaim policies, particularly focusing on senior citizens.
  • Bidders must comply with all relevant legal and regulatory requirements.

Technical Requirements

Bidders are required to submit detailed technical documentation that outlines their proposed insurance products. Key aspects include:

  • Overview of the insurance coverage offered.
  • Details on the claims process and turnaround times.
  • Information about any additional services included in the policy.

Financial Requirements

Bid submissions should include a clear financial proposal detailing the premium rates, coverage amounts, and payment options. It should demonstrate competitive pricing while ensuring comprehensive coverage for the insured individuals.

Document Submission Details

All proposals must be submitted electronically through the designated online portal. Bidders are advised to ensure that all required documents are uploaded in the specified formats.

Special Provisions

This tender includes specific provisions to benefit Micro, Small, and Medium Enterprises (MSEs) and startups, encouraging their participation through measures designed to enhance accessibility and competitiveness in the bidding process.

Evaluation Process

The evaluation of bids will be conducted based on a comprehensive scoring system, focusing on the technical merits, financial viability, and experience of the bidding companies. The process also includes compliance with specified standard operating procedures and quality assurance norms.

Delivery Locations

The services under this tender will be applicable nationwide, ensuring that all eligible retirees and pensioners across regions can access the mediclaim insurance services provided.

Contact Information

While direct contact details are not disclosed within the tender document, bidders may be guided on communication methods through the online application portal should they have inquiries.

This tender aims to create a more supportive and secure health insurance framework for retired personnel within the agriculture sector, underlining the commitment of the government towards the welfare of its long-serving employees.


General Information

Item Category
Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; As per Tender Document attached; Yes
State

Financial Information

Estimated Bid Value
₹1,12,00,000.00
Minimum Turnover
₹50.00 Lakh (s)
Bid Offer Validity
120 (Days)
Arbitration Clause
No
Mediation Clause
No

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
RA Qualification Rule
50% Lowest Priced Technically Qualified Bidders
Inspection Required
No
Technical Clarifications Time
5 Days

Tender Documents

5 Documents
GeM-Bidding-7859027.pdfMain Document
Other DocumentsOTHER
Scope Of Work DocumentSCOPE_OF_WORK FINANCIAL
Other DocumentsOTHER APPENDIX
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Documents Required from Seller

  • Experience Criteria
  • Bidder Turnover
  • Certificate (Requested in ATC)
  • OEM Authorization Certificate
  • OEM Annual Turnover
  • Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
  • the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Corrigendum Updates

Bid Extended to June 25, 2025 at 11:00 AMModified on June 11, 2025 at 03:18 PM
Bid Opening June 25, 2025 at 11:30 AM

Similar Tenders

View All

Frequently Asked Questions

The eligibility requirements for the Group Mediclaim Insurance Service include being a registered insurance entity, possessing relevant licenses, and having documented experience with group insurance, especially for senior citizens. Bidders must comply with all necessary legal and regulatory standards.

Bidders are required to submit specific certifications that validate their ability to provide mediclaim insurance services. This may include licenses from regulatory bodies, experience certificates, and financial stability documents. Bidders should ensure compliance with any outlined technical specifications in the tender documentation.

To register for the tender, entities must access the online portal designated for submissions. The registration process often includes creating an account, displaying company credentials, and agreeing to the terms. All required documentation must be submitted in formats specified in the tender guidelines.

The payment terms will be detailed in the tender document, stating the premium payment schedule, methods of payment, and any conditions linked to timely payments. It’s crucial for bidders to specify their proposed payment structures as part of their financial submissions.

Bids are evaluated based on a structured evaluation and selection process that considers technical capabilities, financial proposals, and experience in the industry. Following evaluation, results will be communicated to bidders in a timely manner through the portal, ensuring transparency throughout the selection process.

Probable Bidders

Companies likely to bid

Get Tender Alerts

Get notifications for similar tenders