Thursday 24th April 2014

Asian Alliance launches medical insurance in partnership with Asiri Hospitals Group

  Published : 12:41 am  March 21, 2012  |  1,523 views  |  17 comments  |  Print This Post   |  E-mail to friend 

Asian Alliance Insurance PLC (AAI) in a synergistic tie up with the Asiri Group of Hospitals has successfully introduced a medical insurance scheme offering health care facilities at an affordable premium to cover the basic expenses.

This medical insurance scheme titled ‘Asiri Alliance Medical’ has already gained popularity. Launched in collaboration with the Asiri Group of Hospitals, Dr. Manjula Karunaratne, Chief Operating Officer and Director of Medical Services of the Asiri Hospital, expressed the belief that the competitive advantage of the group hospitals, Asiri and The Central will be further boosted by offering such healthcare policies through Asian Alliance Insurance.
“Considering the fact that Asiri and The Central hospitals possess a large client base, providing attractive healthcare plans would significantly contribute towards alleviating the increasing burden on healthcare costs, as well as to improve standards of preventive healthcare”, he said. The annual premium for an individual is Rs. 7,500 and Rs. 12,500 for a family unit; meets the basic needs of hospitalisation benefits to a larger cross section of the public who could not usually avail themselves to such an insurance scheme as individuals.
Dr. Karunaratne noted that medical insurance has a vast potential especially in a country like Sri Lanka with a high aging population second to Japan. The life expectancy for Sri Lankan females and males has increased up to 80 and 76 years respectively, according to latest Health Ministry statistics. Therefore, it is important to address the emerging health care needs through affordable medical insurance schemes, he added.
“The other advantage of this medical insurance scheme is that the policyholders will enjoy health care facilities at Asiri Group of Hospitals comprising Asiri Hospital Narahenpita, Asiri Surgical Hospital, The Central Hospital and two other hospitals in Matara equipped with advanced medical technology and skilled professionals,” Dr. Karunaratne said. He revealed that another new hospital is to be opened in Kandy in recent future.  
Referring to the modern health care facilities available at the Asiri Hospital Group he said that the latest addition to the range of modern medical equipments is the PET CT scanner which will transform the clinical landscape in the country.
Dr. Karunaratne further added that with the installation of the PET CT scanner, Sri Lankans will not have to go overseas to avail themselves of this procedure at very high cost. The PET CT Scanner, which was described as the first ever machine of its kind in Sri Lanka was launched and installed on behalf of the Board of Directors of the Asiri Hospital and is found to be ‘fully operational’.
PET CT or Positron Emission Tomography and Computed Tomography is a molecular imaging technique which combines the strength of a PET scan and a CT scan. This allows doctors to inspect how the organs in the body are functioning enabling them to make an early diagnosis. The PET scanner finds increased activity in cells in the body and the CT provides information about the structure of the body which helps the doctor to plan appropriate treatment if needed.
Asian Alliance Insurance Plc Director/Chief Executive Officer Ramal G. Jasinghe stated that the merging of synergies between Softlogic Holdings and Asian Alliance Insurance has helped to improve the healthcare insurance segment significantly. He added that the company’s new insurance products under the ‘Asiri Alliance brand’ have become very popular at present.
“Offering healthcare policies under ‘Asiri Alliance brand’ has a definite advantage,” he said, adding that no other insurance company in Sri Lanka has the backing of such a network of modern hospitals. “This is probably the only instance of a Group of Companies, owning both a hospital group as well as a listed insurance company. This will naturally result in great opportunities to provide and innovate useful health care insurance products to the public at large. We see a definite growth and opportunity in this sector,” he said.
Asian Alliance Insurance (AAI) has performed remarkably well operationally in both the life and the non-life segments. The Company which is a composite insurer, has a strong value proposition in Life as well as the Non Life business and will aim to increase market share in a promising environment where strong insurance growth is correlated to growth in the national economy, he added.
Jasinghe, who is also the President of the Insurance Association of Sri Lanka (IASL), stated that insurance companies have a duty to enhance the medical offerings in order to ease the burden on the State healthcare system and therefore, create access to the underprivileged citizens in the community at large who deserve the service of free healthcare.
Asian Alliance Insurance PLC was acquired by the Softlogic Holdings recently which has further strengthened the stability of the company.
Softlogic is one of the leading, dynamic organisations in Sri Lanka today, having expanded and diversified into the growth sectors of Retail, Healthcare, ICT, Automobiles, Travel & Leisure and Finance, holding Authorised distributorships for some Key Global Brand names.
Softlogic today employs over 5000 people within its offices located in Sri Lanka, Singapore and Australia.
Jasinghe added that this will be the initial step of strengthening the product portfolio of AAI merging synergies with the Softlogic Group. Both Asiri Hospitals and Asian Alliance Insurance is in the process of developing comprehensive medical insurance packages to the benefit of the community which are expected to revolutionise the medical insurance industry in Sri Lanka.

Comments

17 Responses to “Asian Alliance launches medical insurance in partnership with Asiri Hospitals Group”

  1. D.Dharmaratne on March 26th, 2012 10:35 am

    Pl. send me the details of Asian Alliance medical insurance in partnership with Asiri Hospitals Group.

    D.Dharmaratne,
    142/64, Jansonwatta,
    Anderson Road,
    Dehiwala.

  2. Claudia on March 29th, 2012 10:26 am

    Hello, my name is Claudia Carbayo (32) and I would like to have information about your medical insurance policy for my husband (38) and my son (3). We live in Macau SAR right now and we will be right like for 4 more years. I look forward to hearing from you.

  3. Rosiana Gamage on April 5th, 2012 9:41 am

    my company is interested in going for a medical insurance for the staff, appreciate if you could send us details for same.

  4. Monica on May 15th, 2012 7:10 pm

    Pls. send me the details of Asian Alliance medical insurance and life insurance in partnership with Asiri Hospitals Group for me and my husband.

    Monica Tilakarathna
    Alothiyawatta Road
    Aluthgama
    Bandaragama.

  5. Renuka Atulugama on May 21st, 2012 3:49 pm

    I am interested in your medical insurance scheme for myself & my husband age 50 & 55 respectively. Please send me all the details to my email add.asap. Thanks.

  6. AK Devasurendra on May 22nd, 2012 4:20 pm

    I am interested in your medical insurance scheme for myself & my wife age 62 & 56 respectively. Please send me all the details including monthly or quarterly premium to my email add.asap. Thanks

  7. Shah Shah on May 26th, 2012 6:56 pm

    Please provide me with your comprehensive medical insurance policies.
    Regards

  8. susantha on June 8th, 2012 3:03 pm

    please send me a details of above that

  9. wmnwijekoon on July 14th, 2012 7:54 pm

    i am interested in your medical insurance scheme for myself age 56 .please send
    me all the details to my email address.
    thanks.

  10. wmnwijekoon on July 14th, 2012 8:02 pm

    please send me a details of above that

  11. chathu on September 8th, 2012 4:34 pm

    Please send me the details of your medical insurance.

  12. Rasika on September 10th, 2012 8:42 pm

    Please send me the details of your medical insurance imidiatly.
    125000/= medical insurance cover for 25 individuals and 7 family insurance
    Thank you,

  13. Pillai on March 12th, 2013 12:02 pm

    Please send me Asian Allience Medical policy hand out for a family 2 adult and 3 children. Coverage limit 1million or half a million per annum

  14. D.G.Sarath Dayarathna on March 18th, 2013 9:45 pm

    Please send me the detail of Asian Alliance health care plan as i am working in out of Sri Lanka.

    Regards,
    Sarath

  15. Dhammika on March 30th, 2013 8:09 pm

    Please send me details of this special Asiri and Alliance insurance Package for me to apply for it

  16. ANURA KARUNASENA on June 10th, 2013 12:42 pm

    Please send me the details of your medical insurance

  17. anna brochard on April 6th, 2014 7:14 am

    Sir, I am looking into a group health plan (10 people) for our personnel at Saint Anrew’s Church who are all above 50 years old and are all sri lankans.
    Can you be kind enough and send me an approximate quote for Monday 7 of April before noon since I will bring it up at a meeting that same evening.
    Thank you, Anna Brochard

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