Can Ayushmann Bharat alter India’s healthcare landscape?
Live MintThe country spends only 1.25% of its GDP on healthcare, which makes it one of the most underperforming public health ecosystems. However, if the government manages to implement the Ayushmann Bharat—National Health Protection Mission effectively, it will have a far-reaching impact on the country’s healthcare and insurance landscape, according to a report by the Confederation of Indian Industry and PWC, released at the CII Health Insurance Summit in Delhi last week. “Appropriate measures will have to be taken to manage leakages for the scheme to succeed and not exceed cost projections.” AB-NHPM was announced by finance minister Arun Jaitley in this year’s budget to provide health cover to 10 crore poor and vulnerable families. While the government-run Rashtriya Swasthya Bima Yojana offers coverage of ₹ 30,000, the Ayushmann Bharat scheme will provide a cover of ₹ 5 lakh per family. Impact The report said Ayushmann Bharat will positively impact the current healthcare ecosystem in the country by focusing on low-cost, good-quality drugs and centralised procurement.