Medi Assist appointed as HBA for PFRDA's NPS Swasthya scheme

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MEDIASSIST · price

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Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹295.00

prior close

₹301.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+1.0% vs market

Insurance peers, median of 12sector · industry level-0.8%+1.7% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 1.7 pts more than its Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.8

10m

-0.7

15m

-0.8

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+0.0+1.0-0.8+1.7

Next day

+3.7+1.3+2.4+1.6+2.2

+1.9+1.1+0.8+1.9-0.0

+0.1-1.7+1.8-0.6+0.7

+2.4-1.4+3.9+1.6+0.8

+2.0-0.6+2.6+3.7-1.7

+3.3+0.3+3.0+0.9+2.4

15d

-1.9pendingpending-1.6-0.2

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UpDownMarket · Nifty Microcap 250Sector · Insurance peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Medi Assist Healthcare Services has been appointed as the first Health Benefit Administrator for PFRDA's newly launched NPS Swasthya scheme, unveiled on NPS Diwas (Oct 1, 2026) by the Union Secretary, Department of Financial Services. Medi Assist will provide the digital platform for claims administration, service coordination, and subscriber access via its MAven app. The scheme lets NPS subscribers use up to 25 percent of their contributions for health expenses, paid directly to healthcare providers.

Likely market impact

First-mover advantage in a government-backed scheme; opens a potential new revenue stream from claims administration across NPS subscribers nationwide.