Categories: Business

PM-JAY Have Provided 1.2 Lakh Crore Free Hospital Care Since Roll-Out

Pradhan Mantri Jan Arogya Yojana (PM-JAY) has provided over 1.2 lakh crores in free hospitalization benefits since its roll-out.  PM-JAY scheme provides a health cover of 500,000 a year to eligible beneficiaries. As per the official data, more than 85.97 million people have received benefits under the said scheme.

The scheme was launched in September 2018 for 107 million poor households, covering around 40 percent of the population.

Back in 2018 when the scheme was launched a whopping share of 62% of healthcare expenses was borne out of pocket pushing poor households toward further financial marginalization.

People from Tamil Nadu, Karnataka, Rajasthan, Kerala, Hyderabad, and Gujarat benefitted most from the scheme.

Also Read: Ambuja Cement Profit Surge 242% To ₹1,758 Crore In Q3FY25, Announces Open Offer For 26% Stake In Orient Cement

Around 2,000 procedures available under PM-JAY cover expenses like medicines, treatment, medicines, supplies, diagnostic services, physician’s fees, room charges, surgeon charges, OT & ICU charges, etc providing cashless treatment to beneficiaries.

Around 31,077 government and private hospitals are registered under PM-JAY to cater to Ayushman card holders. Notably, 365.4 million Ayushman cards have been issued so far.

Moreover, the Joint Parliamentary Standing Committee on Finance has suggested that ‘the missing middle’ class should be provided health care cost benefits on a paid basis given the fact that a large portion of the population

According to a Niti Aayog report unveiled in October 2021, at least 30% of the population, or 400 million individuals – called the missing middle in this report – are devoid of any financial protection for health.

The coming budget is expected to strengthen the initiative by integrating these programs with those that existed earlier.

Shibra Arshad

Recent Posts

JP Nadda Slams Rahul Gandhi’s ‘Match-Fixing’ Claims As ‘Desperation Of Losing’ Polls

Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…

6 hours ago

Poverty In India Reduced Via Tangible Boost In Household Living Standards, Incomes

In 2022–23, poverty under the revised $3.00 line stood at just 5.25 per cent in…

6 hours ago

Chhattisgarh: Seven Maoists Killed In Indravati National Park Operation

Five Maoists were killed in two separate encounters with security forces in Chhattisgarh’s Bijapur district,…

7 hours ago

Carney Invites Modi To G7 Summit, Highlights India’s Global Supply Chain Role

Canadian Prime Minister Mark Carney said the most populous country, with the fifth-largest economy, must…

7 hours ago

RBI Frontloads Rate Cuts To Boost Growth Amid Low Inflation: Crisil

The Reserve Bank of India (RBI) has frontloaded its rate cuts to support economic growth,…

8 hours ago

PM Modi Urges Global Action On Coastal Resilience At Nice Summit

PM Narendra Modi on Saturday called for urgent global action to build infrastructure that can…

8 hours ago