By the end of March 2019, about 25 lakh Indians will be benefited by Pradhan Mantri Jan Arogya Yojana, says Ayushman Bharat CEO Indu Bhushan

Holding the record of being the only scheme to be implemented within a few minutes after its launch by the Prime Minster himself, Pradhan Mantri Jan Arogya Yojana (PMJAY) as promised by PM Narendra Modi, seems to be reaching the new heights of success in treating people all over India.

Hospitalisation under the PMJAY will be 1 lakh/day as the scheme stabilizes and the annual cost will double to over Rs 20,000 crore, stated Ayushman Bharat CEO Indu Bhushan.

Each day there registers 4000 beneficiaries being hospitalized and about 25 Lakh could benefit from free Hospitalisation by the End of March 2019.

Immediately after the PMJAY launch on 23rd of September, about 20,000 people have been benefitted under the scheme promoted by the Central Government and taken free of cost hospitalisation benefit, most of whom are from Chhattisgarh. The rate would increase further upto 1 lakh/day, adding beneficiaries from Uttar Pradesh, Bihar and Madhya Pradesh.

Speaking at Indian Express Group’s Idea Exchange programme, Bhushan said: “I am very sure that there will be explosion of demand (for the scheme)”. He noted that the NSSO data indicated an inverse correlation between health and the proportion of people who are ailing.

“For instance, the healthy states where infant mortality rate is very low and all the health indicators are good, proportion of people who claim to be sick are high. This is obviously because people are more aware and are indeed reporting sickness. Conversely, in states where infant mortality is high you will find report of sickness low,” he said.

According to sources, the Centre and states will likely cap their combined Annual premium outgo for the ambitious scheme at around Rs 1,110 families. The annual premium cost, now seen at around Rs 11,000 crore, will be shared in a 6:4 ratio between the Centre and states. The cost of the scheme would be much lower in Fiscal Year 2019, as half of the year is over and some populous northern states implementing such a scheme for the first time would take time to fully it roll out.

“Of course, as the scheme becomes more mainstream and deeper, we expect that hospitalization will increase from 2% to 3% or 4%. With 4%, the cost will go to Rs20,000 crore annually,” the official said. Of 31 states which are on board for the scheme, 18 are under trust model with costs covered by the Centre and states from the corpus created from the contribution by the Centre and states.

Source: financialexpress.com