NHPM scheme: Apollo Munich lowest bidder in Nagaland

Apollo Munich Health Insurance Company Limited has made the lowest bid for Ayushman Bharat-National Health Protection Mission (AB-NHPM) for the state of Nagaland at Rs 444 per family. While Bajaj Allianz General Insurance was second lowest bidder at Rs 506, it is likely that Apollo Munich will handle the health scheme for the state of Nagaland.

Interestingly, Rajasthan’s Bhamashah health insurance scheme appears to have had an impact on the bidding with leading PSU insurers either staying away or bidding much higher premium amounts for the Rs 5 lakh of cover promised under the NHPS. New India, the insurer for Bhamashah, did not submit a financial bid while National Insurance bid Rs 1,944 per family and United India Rs 1,944. Reliance General Insurance and Religare Health Insurance Company Ltd had bid for Rs 1,020 and 1,060 per family respectively.