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In July 2012 it was announced that annual salaries of managers would be reduced by at least 30%, with workers pay cut remaining at 20%. On average employees pay would be cut by 23.68%. In addition, the portion of the employee health insurance program that the company covers would be reduced from 60% to 50%, the standard in Japan. [19]
Tamil Nadu Poultry Development Corporation Limited (TAPCO) March 1992: 1 November 1999: merged with State Industries Promotion Corporation of Tamil Nadu * (); * 2 (); 3 () 22: Tamil Nadu Magnesium and Marine Chemicals Limited: State Govt. Undertaking: 23: Industrial and Technical Consultancy Organisation of Tamil Nadu (ITCOT) Chennai
Term. Meaning. Named insured. A named insured, or driver, is usually the main policyholder. They pay the premiums and have full control over the policy.
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The German healthcare system had introduced copayments in the late 1990s in an attempt to prevent overutilization and control costs. For example, Techniker Krankenkasse-insured members above 18 years pay the copayments costs for some medicines, therapeutic measures and appliances such as physiotherapy and hearing aids up to the limit of 2% of the family's annual gross income.
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