Why Modicare numbers just don't add up and may just remain on paper

This is another announcement that might provide little relief to poor

Sample this: 100 million families, 500 million individuals, Rs 500,000 medical insurance per family, Rs 1,000 premium per family (according to government) and Rs 100 billion total estimated cost. This, in short, seems to be plan envisaged by the Union government (along with states’ contribution) to launch the world’s biggest healthcare plan – the National Healthcare Protection Scheme (NHPS).

Now, let’s look at the other side of the story: Rs 500,000 medical insurance per family means Rs 50 trillion medical insurance coverage for 100 million families. Even if 1% people claim this amount (or say, 2% claim 50% of the