Paramount Health Services & Insurance TPA Pvt. Ltd. (PHS) began its journey in 1996. In 2002, it acquired a license from Insurance Regulatory and Development Authority (IRDA no: 006), to act as a TPA, when the concept of TPA was at a very nascent stage. Today, it is one of India’s leading Third Party Administrators (TPA).

PHS has created benchmarks in the industry with its focus on quality customer service and expertise in claims management with emphasis on checking fraud and abuse. It operates in 165+ locations in India touching many lives each day with its bouquet of services.

Paramount is presently servicing more than50 lakh lives managing Corporate and Individual Policies and an additional 4 crores lives managing State Government Health Policies.

Recipient of 'TPA of the Year' award for two consecutive years at the India Insurance Summit & Awards (2017 & 2018)

State Health Insurance Schemes that we presently cater to are:

Mahatma Jyotiba Phule Jab Arogya Yojana, Maharashtra

State Insurance and Provident Fund, Jaipur

Deen Dayal Swasthya Seva Yojana, Goa

Samajwadi Kisan & Sarvhit Bima Yojana, Lucknow

Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, Mizoram

Swasthyasathi Health Insurance Scheme, West Bengal
Biju Krushak Kalyan Yojana, Odisha

The Insurance companies through which we have our Corporate clients and Individual Policies to whom we are the TPA (Third Party Administrator) are:

Aditya Birla Health Insurance Company Limited
Apollo Munich Health Insurance Company Limited.
Bajaj Allianz
Bharti Axa
Cholamandalam General Insurance Co Ltd
Cigna Ttk Health Insurance Company Limited
Dhfl General Insurance Limited
Edelweiss General Insurance Company Limited
Hdfc Ergo General Insurance Company Limited
Hdfc Life Insurance Company Limited
Icici Lombard
Iffco Tokio General Insurance Company Ltd.
Liberty General Insurance Company Limited
Magma Hdi General Insurance Company Limited
National Insurance Company Ltd.
Raheja Qbe General Insurance Company Limited
Reliance General Insurance Co. Ltd
Religare Health Insurance Company Limited
Royal Sundaram General Insurance Co Ltd
Sbi General Insurance Company Ltd.
Tata Aig General Insurance Company Ltd.
The New India Assurance Company Ltd.
The Oriental Insurance Company Ltd.
United India Insurance Company Ltd.
Universal Sompo General Insurance Company Ltd.