Group Mediclaim Policy for SBI Retirees : Huge increase in Premium & Terms & Conditions

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The Bank has issued circular on 29.12.2017 pertaining to the SBI Retirees where it is mentioned that the Premium has been increased substantially & gross modification in the Terms & Conditions has been made which will affect the entire Retirees.  The Retirees are caught in a situation to choose between the devil or the deep sea.