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Indian Bank empowers its employees with Practo’s Corporate Health Plans

Mumbai, India, June 9, 2021: In a first-of-its-kind initiative in PSU banking sector, Indian Bank and Practo have joined hands to empower the bank’s employees, both existing and former, and their family members with Practo’s signature corporate health and wellness plans during this pandemic. Indian Bank is one of India’s first financial institutions to adopt a digital-first approach in strengthening its employee initiatives amid the COVID-19 crisis, by opting for Practo’s round-the-clock healthcare services.

More than 74,000 present and retired staff members of the bank will benefit from these health plans that provide convenient, affordable, and 24*7 access to high-quality care. From online consultations with verified doctors across 23+ specialties (including General Physician, Dermatology, Gastroenterology, Gynaecology, Pediatrics, and Psychiatry) and preventive health check-ups to meeting pharmaceutical needs and conducting general healthcare sessions, these health plans are specially crafted keeping in mind the demands of working professionals. 

Siddhartha Nihalani, VP - Product Growth, Practo, said, “Instant access to speciality care from anywhere in the country is the future of healthcare in India. And this partnership with Indian Bank further amplifies Practo’s vision to make quality healthcare affordable for a billion+ citizens. We are happy to associate with Indian bank, as it will help provide timely medical assistance to 2L+ employees and their family members. During the COVID-19 outbreak, a number of organizations opted for Practo’s corporate health and wellness plans, making them an integral part of employee benefits. Supported by a team of more than one lakh doctors, Practo is committed to increasing medical access for more Indians.”

Shri Shenoy Vishwanath V, ED HRM, Indian Bank said, “Employees are our most invaluable resources who are at the centre of our business, driving our vision of delivering excellence in financial services and acting as our brand ambassadors. Amidst this pandemic, it is our duty to stand by our employees, both serving and retired, and their family members, and ensure they have access to quality healthcare from the comfort of their homes. We are looking forward to strengthening our employee welfare measures by opting for this a first-of-its-kind initiative, Practo’s round-the-clock healthcare services. 

This partnership underpins the government’s vision to take the country and its people towards a digital future that fosters greater connectivity and a more efficient healthcare system. By enabling an omni-channel approach to deliver care, more people can be taken into the fold of quality advanced medical care. To successfully drive this initiative and help ensure optimal outcomes, Practo will be closely working with Indian Bank and extend its support through different stages - from onboarding to sharing utilization insights.

About Practo:

Practo, the country’s leading integrated healthcare company, connects the entire health ecosystem together – patients, doctors, clinics, hospitals, pharmacy, diagnostics, and other partners, to generate exceptional value and service for all, especially the end consumers. It integrates different parts of the patients’ healthcare journey so they can have one seamless experience, right from finding and booking an appointment with verified doctors, consulting verified doctors online with ETA as low as 60 seconds, getting medicine and lab tests at the doorstep, and accessing insightful health articles authored by verified doctors. Practo also makes software products that help healthcare providers ranging from small clinics to large hospitals digitize and deliver more efficient and higher quality healthcare to millions of patients around the world. 

As technology becomes an integral part of healthcare, Practo has also become an essential enabler in helping doctors understand the nuances of managing and securely storing all health data. Practo encrypts all data with 256-bit encryption, uses HIPAA compliant data centers, and is one of the few healthcare companies to be ISO 27001 certified. Practo is present in 20 countries, helps 18 crore+ patients a year and connects patients with 1 lakh+ verified doctor partners.