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New Issue Monitor


(13 Jan 2024, 13:38)

Medi Assist Healthcare Services

Leading third party administrator in India

Company’s market share was 26.39% in India’s overall group health insurance market in FY23

CM RATING 44 / 100
Reckoner

Company provide third party administration (TPA) services to insurance companies through its wholly owned Subsidiaries, Medi Assist TPA, Medvantage TPA and Raksha TPA. A third party administrator is an organization that processes health insurance claims for insurance companies and provides services such as policy administration, customer service and network management, among others.

Company also acts as a facilitator between (a) insurance companies and their policy holders, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes.

Company has nine Subsidiaries of which four are direct Subsidiaries and five are indirect Subsidiaries. Medi Assist TPA (subsidi...



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