Modicare – The World’s largest Health Care Insurance Scheme


Being an escalating arm of Indian Healthcare industry, Modicare is going to provide a massive boost to the healthcare sector, enhancing the insurance cover per family over 1500% from Rs. 30,000 up to 5,00,000, working under Rashtriya Swasthya Bima Yojana.

During Union Budget presentation on February 1st, 2018, Indian Finance minister Arun Jaitley unveiled a mega healthcare program that is considered to be the world’s largest financial scheme, in terms of both expense and extent. The objective of this Modicare health facility will be to extends the healthcare insurance to 100 million Indian families, raising the insurance claiming up to Rs. 5,00,000 per family. While presenting the budget speech and the declaration of Modicare health insurance scheme, the Finance minister Arun Jaitley also said, “India cannot realize its demographic dividend without its citizens being healthy”.

Target insurance coverage population

Targeting up to 500 million individual, 41.3% of the population, the scheme is actually termed as the National Health Projection Scheme, later dubbed as “Modicare” by the finance minister Arun Jaitley. According to the census, 4 out of every 10 Indians will be able to receive secondary as well as tertiary health care service in Government as well as private hospitals.

Briefing the healthcare services

The secondary healthcare services targeting 41.3% of the entire Indian population will include treatment in the outpatient facilities, provided by the skilled medical practitioners. It could also include a brief stay in the hospital for the serious sort of illnesses.

People who are admitted in the hospital for the larger period of time will be covered under tertiary health care services. It would also cover the services from the experienced medical professionals and specialist doctors. Patients suffering from chronic diseases or terminal illnesses would be provided medical support under the tertiary health coverage.

The implementation of the Modicare

The implementation of the Modicare would be performed by the central government of India, yet a National Health Agency will be formed to supervise the implementations and their roles as well as efficacies in the state level. According to the 2011 census, the identification of the beneficiaries will be performed. According to the reports from the press releases, the NHPS or Modicare would require an expenditure of over 1,000 billion for the exact implementation of this health care insurance scheme. It is also anticipated that the health insurance scheme will cover up to Rs. 1,00,000 per family.

How Modicare could benefit the common people

As it has been found according to the researches that there are only 79.7 doctors available per one lakh of Indian citizen, while Chandighar being the richest in terms of doctor patient ratio having 279.9 doctors per one lakh citizen, the premium grade health care services are not reaching to the common people. Furthermore, people are not receiving secondary and tertial health care services in time as well. To expand the health coverage and improve the health status of overall population, “Modicare” could certainly play a pivotal role.

Bottom line

According to the “Heritage Index of Economic Freedom”, all top nations among the world have universal healthcare scheme, however, India was yet to be in that list. Unveiling the new “Modicare” health insurance scheme, perhaps, the world’s largest health insurance scheme, the Indian government along with Rastriya Swasthay Bima Yozana definitively performed a remarkable approach that could spin the wheel of fortune for the largest part of Indian population in terms of receiving top-notch health care services at an affordable cost, while the health expense was getting much higher and health services had not been reaching the general population as well.


Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone
Manik Barmase

About Manik Barmase

The author, Manik Barmase, B. E. (Electrical) and MBA having superannuated from a major power sector public sector undertaking in India has keen interests in spirituality and believes in interpreting every life incident, good or bad into a meaningful experience of co-existence with the universe. He firmly believes that every human being possesses infinite potential hidden within him/her to make anything possible and achieve desired goals in life. The only need is to tap this hidden potential. He constantly engages himself in search of meaning to life and devotes much of his time to explore the world through inner enquiries and deep diving into ocean of knowledge available in the ancient Indian domain. He greatly reveres the Indian scriptures, Shrimad Bhagwad Gita and Ramayana. He believes that all great Yogis like Bhagwan Shri Krishna, Swami Vivekanada, Ramakrishna Paramhansa, Paramhansa Yogananda are his constant companions and guides in his journey of life. His motto in life is to be useful to the society and make a difference in the lives of people in whatever way possible.

View all posts by Manik Barmase →

Leave a Reply

Your email address will not be published. Required fields are marked *