Ayushman Bharat cover for all above 70
With the elderly population, which also forms an important voting bloc, on the rise, BJP announced a slew of measures to meet their healthcare and social needs.
The party promised to expand the Ayushman Bharat Yojana to cover senior citizens (above 70 years of age) regardless of their economic background. Currently, the scheme is available only to poor and vulnerable families.
Under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), the largest health insurance scheme in the world of its kind, beneficiaries get health cover of Rs 5 lakh per family per year for secondary and tertiary care hospitalisation.
The BJP manifesto has also promised to ensure seamless access to social security benefits and other essential govt services to senior citizens by leveraging the extensive reach and reliability of the postal and digital network. It has promised to provide comprehensive training in using UPI and other online payment methods, while also educating them on how to recognise and avoid digital scams.
According to a UN report released last year, there were 14.9 crore people aged 60 years and above in the country in 2022 (as on July 1), comprising around 10.5% of the population. This is estimated to increase to 15% (around 22.7 crore) by 2036.
Health insurance assistance platform ClaimBuddy raises $5 m, closes Series A
The funding round was led by Bharat Innovation Fund (BIF), and saw participation from Japanese fund CAC Capital, along with existing investors Chiratae Ventures and Rebright Partners.
The fund will help Claim Buddy advance its technology, expand its team and sales network, and add new product lines for its growing network of Hospitals.
This story is from the May 2024 edition of THE INSURANCE TIMES.
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This story is from the May 2024 edition of THE INSURANCE TIMES.
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