The Competition Commission has ruled out allegations of abuse of dominance against United India Insurance Co and its third party administrator E-Meditek in the market for medical insurance services.
In its order recently, Competition Commission of India said it was “appropriate to close this case…as no contravention of the provisions of the (Competition) Act is prima facie found to exist”. The case was filed against United India Insurance and E-Meditek (TPA) Services.
As per the complaint filed by an individual, United India Insurance had obtained the business of “Mediclaim Insurance for the CanCard Holders under group insurance from the year 2005-06”. It was alleged that since United India Insurance was the only and dominant service provider to “CanCard Group Medi insurance policy holders”, all holders who opted for these mediclaim policies were necessarily required to carry out all the transactions through the insurance company and its TPA.
