Union minister for health and family welfare J.P. Nadda on Thursday said the Ayushman Bharat National Health Protection Mission, or Modicare, will be fully functional by October. Photo: PTINew Delhi: Announcing an allocation of Rs10,000 crore for the government’s ambitious health insurance programme, dubbed “Modicare”, Union minister for health and family welfare J.P. Nadda on Thursday said the scheme will be fully functional by October. The announcement came a day after the Union cabinet chaired by Prime Minister Narendra Modi approved the centrally sponsored Ayushman Bharat National Health Protection Mission (NHPM), labelled the world’s largest health insurance scheme. It will be the largest public funded health protection scheme in the world.”While Rs10,000 crore has been allocated to Modicare for 2018-19 and 2019-20, the government in February had initially announced an outlay of Rs2,000 crore. It will protect around 50 crore people, or about 10 crore families, from catastrophic healthcare spending,” said Nadda.

Source: Mint March 23, 2018 01:52 UTC