My last day in my previous organisation was 13 August 2018 and I joined another organisation from 16th August, 2018. In the last company, I had to pay a monthly premium for a medical coverage of 1 lac rupees. Now, I am insured free of charge up to a sum of Rs. 3 lacs in my new organisation.
However, my previous organisation is adamant on deducting the premium for the remaining financial year at the following rates:
Covered Upto Days % Deduction (of annual premium)
I find this ridiculous and exorbitant. I want to cancel this mediclaim policy as its of no use to me. And also, since my relations with the previous organisations have terminated, why are they paying the premium on my behalf to medical insurance company. I am not interested in this policy at all and don't want them to deduct this amount from my full and final. However, they are refusing to remove this deduction.
Please advise me on my rights in this matter. 10th September 2018 From India