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No paucity of funds for health insurance scheme, says health minister Nadda

The NHPS, expected to cover 100 million poor families with an annual health insurance coverage of Rs 500,000 per family, will cost the government Rs 100-120 billion

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Javed M Ansari | IndiaSpend New Delhi

In a country where 63 million people are pushed into poverty every year by healthcare expenditure, a strong government insurance scheme could be an effective mechanism to ensure universal health coverage. The National Health Protection Scheme (NHPS) launched in February 2018 by the Bharatiya Janata Party-led government comes with such a promise.

The NHPS, expected to cover 100 million poor families with an annual health insurance coverage of Rs 500,000 per family, will cost the government Rs 100-120 billion ($1.5 billion – $ 1.8 billion), as per official projections.

The scheme has been dubbed ‘Modicare’ by finance