GOVERNMENT SUBSIDIES AND SCHEMES FOR HOSPITALS
Are you aware of government subsidies and schemes for the hospital? Do you know the criteria to avail of this subsidy? In this article, Hospaccx Healthcare Consultancy has mapped all the information related to government subsidies for hospitals?
INTRODUCTION
Government subsidy and schemes are a form of financial aid or support extended to an economic sector generally to promote economic and social policy. Indian Government, at all levels, announces Welfare Schemes for a cross-section of the society from time to time. These schemes could be either Central, State-specific, or a collaboration between the Centre and the States.
Health is a fundamental human right and a global social goal. It is pertinent for the realization of basic human needs and a better quality of life. India is one of the fastest-growing economies of the world. The very essential components of primary health care– promotion of food supply, proper nutrition, safe water, basic sanitation, and provision for quality health information concerning the prevailing health problems.
Governments all over the world work towards providing good quality healthcare for their people. Creating awareness about health issues, ensuring strong infrastructure, and promoting health insurance are productive activities conducted by the authorities for people’s welfare. The Indian Government also undertakes such measures from time-to-time.
VARIOUS GOVERNMENT SUBSIDIES AND SCHEMES FOR THE HEALTHCARE SECTOR
- Ayushman Bharat
Ayushman Bharat Yojana is designed keeping in mind Universal Health Coverage (UHC). Health services in India are largely segmented and Ayushman Bharat aims to make them comprehensive. It is about looking at the health sector as a whole and ensure continuous care for the people of India. The PM-JAY is a health insurance scheme for the poor. It offers a health cover of Rs. 5 lakhs per family on an annual basis, and the payable premium is Rs. 30.
- Awaz Health Insurance Scheme
This is a health insurance cover for migrant workers and is initiated by the Government of Kerala. It also offers insurance for death by accident for laborers. The scheme was launched in the year 2017 and targeted 5 lakh inter-state migrant laborers working in Kerala. The health insurance coverage offered under Awaz Health Insurance is Rs.15000, while the cover for death is Rs.2 lakh.
- Aam Aadmi Bima Yojana
The Aam Aadmi Bima Yojana (AABY) is meant for people involved in certain vocations such as Carpentry, Fishing, Handloom weaving, etc. There are 48 such defined vocations. The premium for Rs.30000 insurance policy is Rs. 200 for a year. The eligibility criteria for this policy is that one should be a family head or an earning member of one’s family (around the poverty line) and should be performing one of the 48 mentioned vocations.
- Bhamashah Swasthya Bima Yojana
Rajasthan Government supports insurance initiatives towards its citizens under the Bhamashah Swasthya Bima Yojana. This is a cashless claims scheme for rural people of Rajasthan. There is no prescribed age limit for availing the benefits of this scheme. This scheme covers hospitalization expenses for general illness as well as critical illnesses as per the terms and conditions. It covers both in-patient as well as out-patient expenses.
- Central Government Health Scheme (CGHS)
As the name suggests, this policy is initiated by India’s Central Government. Central Government employees are eligible for this policy. For example, Supreme Court judges, Certain Railway Board employees, etc. Hospitalization, as well as domiciliary care, are covered as per this plan’s terms and conditions. Central Government Health Insurance Scheme covers Allopathy and Homeopathy as well.
- Chief Minister’s Comprehensive Insurance Scheme
This is a state government scheme. It is promoted by Tamil Nadu Government in association with United India Insurance Company Ltd. The Chief Minister’s Comprehensive Insurance Scheme is a family floater plan designed for quality health care.
- Employees’ State Insurance Scheme
A huge number of people worked in factories post-independence in India. The working conditions were such that there were injuries and deaths as well. This is where the concept of insurance proved beneficial. This policy got an upgrade in the year 2015. Now, more than 7 lakh factories are a part of this scheme.
- Karunya Health Scheme
Kerala Government had launched this initiative in the year 2012. Karunya Health Scheme is directed towards providing Health Insurance for listed chronic illnesses. It is a Critical Illness plan for the poor and covers major diseases such as Cancer, Kidney Ailments, Heart-related medical issues, etc.
- Yeshasvini Health Insurance Scheme
The Yeshasvini Health Insurance Scheme is promoted by the Karnataka State Government. It is meant for farmers and peasants associated with a co-operative society. More than 800 procedures (Orthopaedic, Neurology, Angioplasty, etc.) are covered as per this insurance policy.
- Rashtriya Swasthya Bima Yojana
This scheme initiated by the Indian Government’s Ministry of Labour and Employment. Individuals workers in the unorganized sector and below the poverty line are covered under this scheme.
- Pradhan Mantri Jan Arogya Yojana
This incentive is that private players setting up hospitals in non-metropolitan cities could get easing up land allotment on lease or through bidding, facilitating clearances within specified timelines, and providing viability gap funding of up to 40% of the total project cost.
- Pradhan Mantri Suraksha Bima Yojana
This scheme came into existence to offer accident insurance to the people of India. In 2016, it was observed that only 20% of the Indian citizens had an insurance cover. However, Pradhan Mantri Suraksha Bima Yojana aspires to change this statistic positively.
GOVERNMENT STEPS FOR HEALTHCARE INFRASTRUCTURE
- Health ministry has proposed a model to increase the role of private hospitals in treating non-communicable diseases by allowing them to bid for 30-year leases over parts of district hospital buildings and land to set up hospitals with 50-100 beds.
- India has about 6.34 lakh hospital beds currently. The health ministry estimates that this needs to be doubled over the next 10 years to be able to cater to the intended PMJAY beneficiaries – the poorest 40% of India’s population of approximately 10 crore people.
- The government classified the healthcare sector as part of the infrastructure in a move that could give the under-funded sector a boost. The move opens the doors for viability gap funding (VGF) of up to 20% for public-private partnership (PPP) projects.
- For infrastructure creation, the government will give a grant of 20% of the project cost to non-state entities opening medical colleges outside metropolitan cities.
- All publicly funded healthcare facilities would be allowed to receive donations from companies under the CSR head. “Adequate safeguards have to be built in to ensure ‘no-frills funding’ and that donations are not used to influence policies and practices of healthcare facilities in any way.
BENEFITS OF GOVERNMENT SCHEMES AND PLANS
- Policies are offered at a low price.
- Encourages people below the poverty line to avail of insurance.
- Ensures the poor people have some sort of insurance cover.
- The government-initiated policies help policyholders to feel assured.
- It promotes the development of better healthcare facilities.
IMPACTS OF GOVERNMENT HEALTH SCHEMES
- 150000 Health and Wellness Centres (HWC) have been created to ensure better healthcare for the people under Ayushman Bharat Scheme.
- People are benefited from the scheme which covers hospitalization expenses, general illness as well as critical illnesses.
- More than 35 lakh employees and pensioners are covered under Central Government Health Scheme (CGHS).
- More than 7 lakh factories are a part of the Employees’ State Insurance Scheme.
- Around 80 lakh patients treated under the Ayushman Bharat scheme till Jan 2020.
CONCLUSION
Government schemes have benefited a larger population in India. The schemes cover people from various sectors and backgrounds. This scheme makes an easy process for the hospitals to get instant payment for the expenditure made on the patients. Several steps taken by the government have boosted infrastructure growth in the nation and this makes the hospitals to focus on better patient care.
If you need any consultation regarding government subsidies and schemes, you can contact us: Hospaccx healthcare business consulting Pvt. Ltd you can visit our website hospaccxconsulting.com
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