Narendra Modi's Ambitious Health Insurance Plan Will Require Rs.11, 000 cr in funding each year. Prime Minister Narendra Modi’s ambitious plan is to provide health insurance to 10 crore poor families.
This would require Rs.11, 000 crores ($1.71 billion) in federal and state funding each year, a government official told Reuters. The National Health Protection Scheme dubbed “Modicare” and announced in Thursday’s budget. This would provide 10 crore families, or about 50 crore poor people, with a health cover of Rs 5 lakhs ($7,850) for free treatment of serious ailments. The government has estimated the premium for ensuring each family would be about Rs 1,100 ($17.15), said the government official with direct knowledge of the matter.
Narendra Modi's Ambitious Health Insurance Plan Will Require Rs.11, 000 cr: Budget 2018
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