The State has issued a government order (GO) approving Phase 2 of Medical Insurance Scheme for State Employees and Pensioners (Medisep), specifying that the monthly premium for the Phase 2, including taxes, will be enhanced to ₹750, subject to the finalising of the bid.

The monthly premium during Phase 1 had been ₹500. The scheme covers over 30 lakh individuals, including some 5.45 lakh government employees, 5.89 lakh pensioners and their dependents.

The State Cabinet had earlier approved Medisep 2, with enhanced insurance cover and a larger package of procedures and larger coverage of catastrophic illnesses.

The Cabinet which met here recently had approved Phase 2 of Medisep, which has been revamped as per the recommendations of the expert committee that the government had entrusted it to, offers an enhanced basic coverage of ₹5 lakh.

The policy period will be for two years and a 5% increase in premium and package rates will be allowed for the second year