 "Health insurance, insurance")
A day after Finance Minister Arun Jaitley announced the world’s so-called largest health insurance scheme covering 500 million people in the country, the NITI Aayog and the Union health ministry indicated that the government’s new flagship scheme was likely to cost the exchequer anywhere between Rs 100 billion and Rs 120 billion. The Union government said it would provide 60 per cent funds, and the state governments were expected to pool in the remaining 40 per cent.
The NITI Aayog estimated that the new health insurance scheme would cost around Rs 60 billion in the first year. The government’s calculation was
