An Empirical Study On The Comparison Between RSBY And AB-PMAJAY Publicly Sponsored Health Insurance Schemes

Abstract

Good Health is the basic necessity of life in modern complex world. A country like India which is highest populated country in world providing good health to all is the difficult task before the government of the country. Health insurance is one of the many ways through which health services are being provided to the citizen of the country. Rashtriya Swasthya Bima Yojana (RSBY) is a national level government sponsored health insurance scheme, implemented in 2008. Its objective was to provide health care services and benefits to those who enrolled under the scheme. The coverage of this scheme is Rs. 30,000. In 2018, Government of India announced another national health insurance scheme and that is Ayushman Bharat- Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). Its objective is to cover approximately 12 core poor and vulnerable segment of population and Rs. 5 lakhs per family per year on floater basis. The study elicits the comparative analysis of both RSBY and AB-PMJAY national health Insurance schemes.