Published on September 19, 2024. EST READ TIME: 2 minutes
Recently, the Union Cabinet has approved the extension of health coverage for all citizens aged 70 years and above under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojna (ABPM-JAY). This new policy is set to benefit around six crore senior citizens, offering them free health insurance coverage worth up to Rs 5 lakhs.
This policy will cover approximately 4.5 crore families across India providing critical financial protection in times of medical need. This move is applauded by industry leaders and experts as it proves to be a more inclusive and comprehensive healthcare system for the nation. The government is also taking care and measures to ensure the policy is smoothly rolled out and the plans are tailor-made to address the health issues faced by senior citizens and the elderly populace. This move is definitely going to set a milestone in the insurance sector that is bound to benefit the often-neglected population that needs care and affection.
Source: OnlyMyHealth