When it comes to a health insurance plan, our country has managed to attain some of the greatest feats in terms of public health achievements. It has even witnessed a lot of progress in diversification of health insurance plans and even products such as a family floater health insurance has been introduced in the market abundantly. This has occurred even more in the last few years, particularly during the past thirty years. The health industry of India is now touted to be one of the most progressive and also one of the fastest growing industries, which is likely to achieve a profit of 280 billion USD by the year 2020. This has become possible only because of the many health insurance plans and products like family floater health insurance which cater to particular demographics and keeps the needs of everybody in mind.
But, just as everything, even the health insurance plan in our nation has a lot of loopholes that need to be addressed immediately. It is one of the biggest cons of our nation wherein the private companies offer some of the best health insurance plans and even family floater health insurance policies to cater to the entire family. However, these policies cannot be afforded by anybody and everybody. A large chunk of the population in the nation is still living under the poverty line. While they are not able to arrange for food itself, finding products that they can afford in terms of health insurance plans and even family floater health insurance policies are simply impossible.
Did you know that about 62.58% of the populace in the nation do not fall under any eligible health insurance plan and spend humongous amounts in terms of out of pocket medical expenses? Even to simply make use of basic facilities available for health, they have to part from their assets or take major loans which add to their interest rates and debts considerably.
Keeping this in mind, The Government of India has curated a really helpful scheme which is known as the ‘Ayushman Bharat Yojana-National Health Protection Scheme’. To answer the main point of this question, yes this particular health plan is also a family floater insurance policy and is one of the topmost National Health Protection Schemes to have swayed the medical industry of our nation. It does not only ensure the crucial medical coverage of the people involved but also makes it a lot more affordable for the layman.
This particular scheme aims at cutting down the financial pressure on the underprivileged and even the most sensitive groups while improvising the current situations of the people who are under the poverty line. This health plan aims at providing them with affordable and good medical facilities and basically gives them an idea of managing a health plan and even a good family floater health insurance policy, dependant upon their level of affordability for the same. It was announced on the Independence Day of the year 2018 and was further launched on the 25th of September in the year 2018. This particular scheme is also referred to as the ‘Pradhan Mantri Jan Arogya Abhiyaan’ and is touted as one of the topmost health plans under the ‘Modicare’.
Now that we know that Ayushman Bharat is a National Health protection scheme, let’s find out some more information regarding this:
What is entailed in the Ayushman Bharat -National Health Protection Mission?
This health plan is basically an initiative by the Government of India to make a shift from fractional as well as sectoral delivery of different health plans and the kind of health care services which are offered in the nation. The main plan is to remove the whole sectionality factor from it and make health plans more of an all-inclusive healthcare system. It is also one of the topmost substitutes available for a family floater health insurance.
Being a protection scheme curated to ensure holistic National health, the coverage provided for a health plan here is worth Rs.5 Lakhs and is given to each of the eligible and selected 10 crore families which lie under the poverty line. They are given the benefit of this health plan or this family floater health insurance policy as the entire family is looked after when tertiary or primary hospitalization is required along with many other benefits that are available with a conventional health plan too.
Under this health plan or this family floater health insurance policy curated by the government, there is an availability of almost about 1,354 medical packages which are now a part of this scheme and are approved by the ministry of health in the nation. These packages not only comprise of surgical procedures bundled with medical treatments but also covers additional expenses such as medical expenses, diagnostic related problems as well as the transport required for better health care. This scheme basically acts as the medium between blending in the Rashtriya Swasthya Bima Yojana into the Senior Citizen Health Insurance Scheme, by taking in the topmost advantages of both.
All in all, the AB-NHPM is one of the best initiatives which does not only help in building a much better and much safer India by the year 2022 but also ensures that the implementation of a scheme such as this can be carried out at a bulk level. It will bring the much-needed transformation in the sector of health care in India.
Additionally, the funding plan of this entire scheme is also quite feasible. It takes funds from both central and state governments for the betterment of the condition in the concerned location. It also helps in using the resources that taxpayers pay efficiently for the development of the nation. Through this health plan, many of the citizens of our nation get affordable Medicare and are also able to lead a much better quality of life. While the performance of this entire scheme yet needs to be seen on an annual basis, it is still one of the best schemes to consider for the downtrodden families.