MEDI ASSIST

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• Medi Assist Healthcare Services Limited is a third-party administrator (TPA) in India. A TPA is a company that provides administrative services to health insurance companies. Medi Assist's main business is to process health insurance claims on behalf of its clients. The company also provides other services, such as provider network management, customer service, and wellness programs together with its subsidiaries.
• It also provides project resource management, mobile clinic management, medical manpower, business support, software subscription, consultancy, contact center support, and other technical and allied services pertaining to the healthcare and health insurance sectors. In addition, it provides hospitalization, a cashless facility, customer relations and contract management, billing, and claim processing services
• While under the TPA Regulations, the company's primary clients are insurance companies, the company also serves as an intermediary between general and health insurance companies and the insured members (under retail, corporate, and insurance-backed public health insurance policies); insurance companies and healthcare providers (such as hospitals); and the Government and beneficiaries of public health schemes.
• The company has developed a pan-India healthcare provider network that comprises over 14,301 hospitals across 967 cities and towns, as of 31 March 2023 and has served more than 9,500 group accounts across sectors to help administer the insurance requirements of their employees.
• Among health insurance premiums in India, the company enjoys 14.8% of the market share of the retail health insurance market and 41.7% of the group health insurance market in FY23.
• Medi Assist Healthcare Services Limited was incorporated on 7th June 2000 with its registered office Tower D, 4th Floor, IBC Knowledge Park, 4/1 Bannerghatta Road, Bangalore KA 560029 IN.

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