Tata AIA Life joins forces with Medix to offer ‘Critical Illness’ special services related to Its consumption – InsuranceNewsNet | Daily News Byte

• Driven by the core value of ‘Consumer Obsession’, the initiative highlights Tata AIA’s commitment to supporting consumers through their life journey.
• It furthers Tata AIA’s commitment to be a ‘Partner’ to its consumers offering them innovative solutions beyond the ‘Payor’ approach to transactions.

Mumbai, India, November 29, 2022 /PRNewswire/ — Tata AIA Life Insurance (Tata AIA), one of the of India The fastest growing life insurance company, has been associated with Merciful, a global medical management solutions company with a team of 300 in-house physicians, and a global quality accreditation network of more than 4,500 leading global and independent medical professionals. The engagement will give TATA AIA consumers access to a network of local and global medical professionals to manage their medical journeys related to critical illness. This service is available to policyholders who have purchased eligible term life insurance products, savings, and retirement plans, a list of which the insurer will publish on its website from time to time.

This alliance will offer personalized medical care management (PMCM) in India, bringing world-class, health advice to consumers. This will include re-evaluating the medical case, its diagnosis and tailoring the appropriate treatment plan with quality care including referral to leading local specialists and care coordination. Through this service, Tata AIA consumers can track, manage, communicate with a dedicated medical team, and receive updates on their medical journey, ensuring continuous quality of care. This will reduce the stress and uncertainty that patients and their families have when dealing with serious medical problems. After that, Medix will continue to support them and collaborate with their treating doctor regarding ongoing treatment, side effects, complications, and questions.

Education by Harvard University indicates that 5.2 million medical errors occur each year in India. Cancer (38%), vascular events (29%) and infectious diseases (13%) account for 80% of these errors. Given the opportunity to receive Medix’s personalized medical case management services, Tata AIA consumers will benefit greatly from medical advice from globally renowned medical professionals.

Commenting on the link, Naveen Tahilyani, MD & CEO of Tata AIA, said, “Integrated health is an important conversation in today’s context. And, at Tata AIA, we have continuously strived to make our consumers healthier, happier and longer by being their partners in their health and wellness journey. Through the association with Medix, we. aim to enhance our value proposition. The association with Medix will also allow our consumers access to personalized advice from medical experts around the world, combined with ongoing medical support.

Comment on cooperation, Miss. Sigal AtzmonPresident and CEO of Medixsaid, “At Medix, we are pioneers and movers in modern virtual care, always combining digital solutions with human interaction and providing guidance and support to our customers, improving access and implementation of high-quality medical care. A new chapter in our mission to close the gap between patients and the healthcare system at large has been opened by our association with TATA AIA India in personalized medical case management services. The vision to reduce unwarranted healthcare variation across the region, improve medical outcomes, and most importantly, improve the overall care experience.”

About Tata AIA Life

Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, established by Tata Sons Pvt. Limited. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata’s outstanding leadership positions in India and AIA’s presence as the largest independent life insurance group in Asia in the world covering 18 markets around the world. Asia Pacific region.

About the Tata Group

Founded by Jamsetji Tata in 1868, the Tata Group is a global enterprise, headquartered in India, includes 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission ‘to improve the quality of life of the communities we serve worldwide, through long-term stakeholder value creation based on trusted leadership’.

Tata son is the company that holds the main investment and promotes Tata companies. Sixty-six percent of the share capital of Tata son Held by a charitable trust, which supports education, health, lifestyle production and arts and culture. In 2021-22, the income of Tata companies, together, is 128 billion dollars (INR 9.6 trillion). These companies employ more than 935,000 people.

Each Tata company or enterprise operates independently under the guidance and direction of its own board of directors. There are 29 publicly listed Tata companies with a total market capitalization of 311 billion dollars (INR 23.6 trillion) onwards March 31, 2022. Tata companies include Tata Consulting Services, Tata Motors, Paint iron eyesTata Chemicals, Tata Consumer Products, Titan, Tata CapitalTata Power, Hotels India, Tata Communications, Tata DigitalAnd Tata Electronics.

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent life insurance group in Asia. It is present in 18 markets – wholly owned branches and subsidiaries in mainland China, Hong Kong​ SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2)and a 49 percent joint venture India.

The AIA business was first established in Shanghai More than a century ago in 1919. It is the market leader in Asia (Example-Japan) based on life insurance premiums and holds a leading position across most of its markets. It has all the properties of 340 billion US dollars belongs to December 31, 2021.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and retirement services to corporate clients. Through a wide network of agents, partners and employees throughout AsiaAIA serves more than 39 million individual policyholders and more than 16 million who participate in group insurance programs.

AIA Group Limited is listed on the main board of Stock Exchange of Hong Kong Limited Under stock code “1299” with American Depositary Receipts (Level 1) traded in the over-the-counter market (ticker symbol: “AAGIY”).

About Medix

Medix is ​​a medical management company that builds an engineering foundation to direct the full potential of leading science, expertise, treatments, and technology to people’s most important health needs.

Since 2006, Medix has changed the course of health for millions of customers by providing a medical response that has no borders, personalized and data driven. We empower health and life insurers, employers, financial groups, retailers, distributors and government institutions to transcend traditional care models, moving beyond transactional care to deliver better health, human and financial outcomes.

Medix’s response is tailored by the world’s leading medical team and proprietary AI and data analytics: combining the best digital tools with real human presence and operations on the ground for lifelong health needs. Medix Offer Period:

• Medical prevention: tools to reduce risk and get ahead of health challenges, from HRAs digital self-triage to personalized screening plans to diagnosis, detection and risk management.
• Case management: continuous and multidisciplinary response to serious and complex medical conditions, from musculoskeletal, cancer, cardiac, problems related to Covid – and more – to comprehensive consultation and navigation of treatment.
• Rehabilitation: Individualized assessment of rehabilitation needs and support on the road to recovery, from multidisciplinary counseling to individualized rehabilitation management services.
• Mental Health: Navigating the complex world of mental health, from diagnosis to treatment to long-term management.

Medix services can be found worldwide, operating in more than 90 countries, with bases which is in Ang Bai, New York City, London, Munich, Tel Aviv, Singapore, Jakarta, Kuala Lumpur, Bangkok, Melbourne And Hong Kong. As a company with shared values, Medix drives social and economic growth in the communities we serve while delivering proven medical and humane outcomes.

www.medix-global.com