Health Insurance and Ayushman Bharat
Ayushman Bharat PM-JAY: The Basics
Launched in 2018, PM-JAY offers free hospital treatment of up to ₹5 lakh per family per year to tens of crores of poorer Indians.
The world’s largest publicly funded health assurance scheme.
Coverage
About 12 crore families, or roughly 55 crore people, identified using old socio-economic census data.
Benefit
Up to ₹5 lakh per family per year for hospitalisation, with cashless treatment.
Elderly
From 2024, all citizens aged 70 and above are eligible regardless of income.
Hospitals
Tens of thousands of public and private hospitals are empanelled.
A cashless stay
A patient presents her card at an empanelled hospital and receives surgery without paying.
Assuming PM-JAY covers outpatient visits
It covers hospitalisation mainly.
Key takeaways
- PM-JAY launched in 2018.
- It covers up to ₹5 lakh.
- About 55 crore people are eligible.
- Elderly are now included.
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