"United India Insurance Company is the lowest financial bidder in comparison to other rivals. The company has a bid of Rs 3263.25 per family," State Health Minister Francis D'Souza said as the Health department opened financial bids for the flagship scheme.
The department will now send the comparative statement to the state government for finalisation, he said.
D'Souza said unlike the health insurance schemes in the past, the upgraded one (scheme) would provide quality medical care, hospitalisation and surgery both in government and private hospitals.
"Before finalising the scheme, the government is working out the modalities including effective benefit of this scheme to the people," he added.
Goa government in the proposal inviting bidders for the scheme had said the insurance cover will be up to Rs 2.5 lakh per annum for a family of three or less members and up to Rs 4 lakh for a family of four and more.