TN hikes health insurance cover to Rs 5 lakh

Image
Press Trust of India Chennai
Last Updated : Nov 30 2018 | 4:45 PM IST

: The Tamil Nadu government has hiked the health insurance cover from Rs two lakh to Rs five lakh so as to benefit 1.58 crore families, Chief Minister K Palaniswami said Friday.

The scheme implemented in the state during the previous DMK regime was made more comprehensive after the AIADMK stormed back into power in 2011.

The revamped scheme was launched by the late Chief Minister J Jayalalithaa on January 11, 2012 and the government issued 1.58 crore cards offering health insurance coverage for up to Rs two lakh to individuals.

"So far, 26.96 lakh persons have benefitted by availing insurance worth Rs 5,133.33 crore from the scheme," Palaniswami said in an official release.

The Chief Minister said following the requests made by the beneficiaries, he issued orders to increase the insurance cover to Rs 5 lakh from the existing Rs two lakh.

The new insurance coverage would come into effect from tomorrow and the families covered under the scheme can utilise it without paying any fee, he said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 30 2018 | 4:45 PM IST

Next Story