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Health cover plan for 70+ may put extra ₹5k cr burden on govt – The Times of India

Health cover plan for 70+ may put extra ₹5k cr burden on govt

New Delhi: India’s bold plan to offer well being cowl to folks aged 70 years and above, no matter financial background, is more likely to price the central exchequer an additional Rs 4,000-Rs 5,000 crore additional, preliminary estimates of govt recommend, experiences DurgeshNandan Jha.
In 2023-24, govt allotted Rs 7,500 crore for the Ayushman Bharat-PM Jan Aarogya Yojana (AB-PMJAY) which offers a canopy of Rs 5 lakhs to well being cowl 12 crore poor and susceptible households (roughly 55 crore beneficiaries).Sources mentioned the growth of the scheme to incorporate everybody above 70 years of age would possible add 3.5 to 4 crore extra beneficiaries.
“There are roughly 5.5 to six crore people who find themselves aged 70 years and above within the nation. Of them, about 2 crore individuals are already coated beneath AB-PMJAY. That’s why, it’s estimated that the precise variety of beneficiaries to be included within the new plan goes to be round 3.5 to 4 crores,” the supply mentioned, including the growth of AB-PMJAY scheme to incorporate all senior residents aged 70 and above could discover a point out within the union funds 2024-25.

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