Union Budget 2019 was found to reduce mental stress for a large section of the Indian population. The Interim Budget 2019 has brought a wave of relief to the poorer segments and the middle class alike. It has been announced that individuals with gross income up to Rs 6.5 lakh will not need to pay any tax if they make investments in provident funds and prescribed equities. Apart from this, free health coverage is being extended to about 50 crore Indians under the Ayushman Bharat scheme.
It was also mentioned that the prices of medicines have come down with control of drugs, stents and knee implant prices.
Union Budget 2019-20 Allocates Rs 61,398 Crore for Health Schemes
In the 2019-20 Union Budget on Friday, the government announced allocation of Rs 61,398 crore for the health sector, with major focus on insurance scheme Ayushman Bharat.
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‘The government reiterated its vision of creating a healthy India, with distress-free and comprehensive wellness system for all.’
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Speaking about this, Padma Shri Awardee, Dr KK Aggarwal, President, HCFI, said, "The budget comes as a stress buster for a large segment of the Indian population. With measures such as tax rebate and health coverage for a majority, a great deal of mental stress will be reduced. It is a pro-poor and pro-middle-class budget. The government's efforts towards addressing the worries of this section are commendable and will remove a lot of their physical and mental worries - thereby ensuring better health for them."
Under the government's India 2030 vision, the ninth and tenth dimensions focus on healthy India and a comprehensive wellness system, respectively. It remains to be seen how this vision will translate into better productivity and national good in the longer run.
Source: Medindia
Source: Medindia
State Health Budgets Rose 21% Before Union Budget’s Cutback
About 58% of the Indians in rural areas opt for private healthcare, because public healthcare is inadequate, and it's expenses push people back into poverty.
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 Bajaj Allianz Senior Citizens Health InsuranceBajaj Allianz Insurance Company offers Silver Health policy that allows the maximum insurance of Rs. 5 lakhs. | Advertisement
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Quiz on Health Insurance
This Quiz is to test your knowledge on health insurance in the U.S, there is so much activity with the new law and building of Health Exchanges - all peaking for a January 2014 deadline.
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