Insurance

For people living below poverty line, an illness not only represents a permanent

threat to their income earning capacity, in many cases it could result in the

family falling into a debt trap. When the need to get the treatment arises for

poor families they often ignore it because of lack of resources, fearing wage

loss, or wait till the last moment when it’s too late.

 

Rashtriya Swasthya Bima Yojna

 

The objective of RSBY is to provide protection to BPL households from financial

liabilities arising out of health shocks that involve hospitalization. Beneficiaries

under RSBY are entitled to hospitalization coverage up to Rs. 30,000/- for most of the

diseases that require hospitalization. Government has even fixed the package rates for

the hospitals for a large number of interventions. Pre-existing conditions are covered

from day one and there is no age limit. Coverage extends to five members of the family

which includes the head of household, spouse and up to three dependents.