HEALTH

TPA Appointment for IBA Group Medical Insurance for Retired Employees at Union Bank of India

By TEAM CIRCULAR EXPRESS • 01 Nov 2026
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• Union Bank of India has appointed Heritage Health Insurance TPA Pvt. Ltd. as the Third Party Administrator for the IBA Group Medical Insurance Policy for retired employees and family pensioners.
• The policy period is from 01.11.2026 to 31.10.2027.
• 16,880 retirees have successfully enrolled.
• Details have been shared with National Insurance Company Ltd. for cashless and reimbursement claim processing.
purpose of issuance
Appointment of Third Party Administrator (TPA) for retired employees' medical insurance policy
Most Important Details
Heritage Health Insurance TPA Pvt. Ltd. appointed as TPA for IBA Group Medical Insurance Policy (2026-27) for retired employees and family pensioners. 16,880 retirees enrolled. Policy effective 01.11.2026 to 31.10.2027.
Name of Bank
Union Bank of India
issue for which issued
Appointment of TPA for medical insurance
is it guidelines or circular or for some action
Circular
Name/ Scope of work
Third Party Administration for IBA Group Medical Insurance
Location of Work
Mumbai
Tender issuance authority
Union Bank of India
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