The Finance Minister of India, Mr. Arun Jaitley, in his annual budget speech on Thursday, announced that the government will be providing health insurance to 10 crore poor families of India this year. This insurance will be provided under the Ayushman Bharat Scheme that will be started either from Independence Day or Gandhi Jayanti this year. But there are misleading articles about this scheme that says that the budget allocated to this scheme is not enough. Well, these articles show the partial truth. The main insurance scheme under the Ayushman Bharat hasn’t been allocated any budget yet.
The Ayushman Bharat Scheme has been launched by the Government of India to deal with the issue of poverty due to their condition. It is a fact that most of the savings of poor families are spent in private hospitals when any of their family members suffers from an illness. Lakhs of families even have to borrow money or sell their assets in order to fulfill the expenditure of treatment. The Ayushman Bharat Scheme has been launched to give these poor families some relief by providing health insurance with very low premiums. Around 10 crore poor families or around 50 crore people will be able to take benefit of this scheme that will provide a cover up to Rs. 5 lakhs to every family per year. The annual premium that every family will have to pay in order to avail this scheme is expected to be around Rs. 1100 which seems to be very affordable.The scheme will be replacing the existing Rashtriya Swasthya Bima Yojana (RSBY) that provided a cover of only Rs. 30,000 every year.
The previous year, the government had launched two similar schemes namely Pradhan Mantri Suraksha Bima Yojana (PMSBY) & Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) that provided accidental cover at very low premiums of Rs. 12 and Rs. 330 per year respectively. The Ayushman Bharat Scheme is a distinct scheme from both these schemes as it provides health insurance to every beneficiary whereas the earlier schemes were started to provide insurance in case of partial disability, full disability or death. Also, the cover amount in both these earlier schemes was 2 lakhs at max whereas Ayushman Bharat provides the cover of 5 lakhs per annum to each family.
There is also a provision of health and wellness centers under the Ayushman Bharat Scheme and the government has allocated a fund of Rs. 1200 crore to build these health centers all over the country. These health centers will provide comprehensive health care services along with child and maternal health care. Diagnostic services will also be provided for free and the patients will also be given essential medicines completely free.
Overall, the scheme looks very promising and has the potential to revolutionize the health sector in India if implemented in right manner. It will also boost the economy as the poor will be able to invest their savings in their business rather than spending it to cure themselves and their family members. These three recent policies of Indian Government that are intended to insure every citizen of India are really appreciable and The Voice Raiser congratulates the current government for these schemes.