Budget 2016: New health protection scheme to provide health cover up to Rs.1 lakh per family

New Delhi: The Minister for Finance and Corporate Affairs and Information and Broadcasitng, Arun Jaitley has announced a New Health Protection Scheme in the Budget 2016-17. In his Budget address in the Parliament today, the Finance
budget 2016 new health protection scheme to...
India TV Business Desk February 29, 2016 13:37 IST

New Delhi: The Minister for Finance and Corporate Affairs and Information and Broadcasitng, Arun Jaitley has announced a New Health Protection Scheme in the Budget 2016-17. 

In his Budget address in the Parliament today, the Finance Minister expressed concern that a serious illness of family member(s) causes severe stress on the financial condition of poor and economically weak families, shaking the foundation of their economic security. 

In order to help such families, the Government will launch a new health protection scheme which will provide health cover up-to rupees one lakh per family, the Finance Minister said. For Senior citizens of the age 60 years and above belonging to this category, an additional top-up package up to Rs.30,000 will be provided. 

The Finance Minister stated that making quality medicines available at affordable prices has been a key challenge. “We will reinvigorate the supply of generic drugs. 3,000 stores under Prime Minister's Jan Aushadhi Yojana will be opened during 2016-17”, the Minister added. 

About 2.2 lakh new patients of End Stage Renal Disease get added in India every year resulting in additional demand for 3.4 Crore dialysis sessions.

With approximately 4,950 dialysis centres in India, largely in the private sector and concentrated in the major towns, the demand is only half met. Every dialysis session costs about Rs.2,000 – an annual expenditure of more than Rs. 3 lakh. 

 
Chunav Manch Gujarat 2017
 
 
killer smog
 

You May Like

   
 

More from business

 
 
Assembly Elections 2017