Tag: medical equipment supplier

Medical equipment supplier ‘must pay Rs 3,000 per person per month’ for each patient

Medical equipment suppliers such as BSNL, Birla and Tata Power have to pay a premium of Rs 3 lakh per person for each of their patient’s medical equipment.

The Centre has mandated that these companies should have at least five lakh employees for their medical equipment suppliers and the number of doctors working in the sector should be around 4,000, according to the Central Government’s Department of Medical Devices and Services.

The new requirement will come into force on July 1.

The companies had been operating without any requirement to pay the premium.

In the case of Birlas medical equipment supplier, the premium is pegged at Rs 6,000 for each person.

The company had over 6 lakh employees.

If Birlap has 10,000 employees, it will be required to pay Rs 1,800 per person every month for each individual.

“We have been in the business for more than 50 years and we are not afraid of any challenge.

We have been trying to reduce costs,” said Ramesh Khandro, a senior vice president at Tata Power.