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Bloomberg
India expects to spend up to $1.9 billion annually on premium payments to provide as many as 100 million poor families with free access to health care.
The programme, which provides poor with hospital care, will be funded with 60 percent contribution from the federal government and rest coming from the states, the
National Institution for Transforming India, the government’s think tank known as NITI Aayog, said.
The programme will be based on either an insurance or trust model, with the states having the flexibility to choose between the two, it said.
The plan, announced by the Finance Minister Arun Jaitley in his budget, will provide an annual premium of 1,200 rupees per family, with the beneficiaries not required to pay anything and provide a total cover of 500,000 rupees a year, it said.