Budget 2024 Exclusive: Will there be good news on PMJAY? Government can increase insurance cover up to Rs 15 lakh

There is exclusive news quoting sources that the government can increase the insurance cover under PMJAY. This could be good news for ICICI Lombard, Star Insurance.

There can be a big announcement in this budget regarding the government insurance scheme Pradhan Mantri Jan Arogya Yojana, also known as Ayushman Bharat Yojana. There is exclusive news quoting sources that the government can increase the insurance cover under this scheme. This could be good news for ICICI Lombard, Star Insurance.

How much can the cover increase?

The government can increase the insurance cover of PMJAY in the budget. In the budget to be presented on February 1, 2024, the insurance cover of PMJAY can be increased from Rs 5 lakh to Rs 10-15 lakh.

Also, consideration can be given to increasing the health cover of about 60 crore people in the scheme. According to the government, increasing the cover will not increase the expenditure much. Apart from this, consideration can also be given to bringing subsidized health insurance for the middle class.

What is PMJAY?

The Modi government had announced Ayushman Bharat in Budget 2018, with two main goals – to create one lakh health and wellness centers in the country and to connect 10 crore families with a health insurance cover of Rs 5 lakh per year.

Benefits available under PMJAY

•  Benefit of free treatment up to ₹ 5 lakh per year to each eligible family.
•  Facility of free treatment in any identified government or private hospital across the country associated with the scheme.
•  Checkup up to 7 days before admission, treatment and food during admission and checkup and medicines up to 10 days after discharge are available free of cost.
•  In case of hospitalization under the scheme, free treatment of corona, cancer, kidney disease, heart disease, dengue, chikungunya, malaria, dialysis, knee and hip replacement, childlessness, cataract and other identified serious diseases is provided under this scheme. Is done under. Eligible beneficiaries are also treated free of cost under the Chief Minister Covid-19 Treatment Scheme.

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