Budget 2016-17: Key announcements for healthcare
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New Delhi: Every year, the budget brings new and key developments for every sector. This year, right in the beginning of the speech, the Finance minister announced the nine pillars of the economy one of which was obviously identified to be healthcare. Keeping a limited, yet focused approach, this year's budget brought forward a number of key developments for the health sector. These are as follows.
Total Allocation for social sector including education and health care combined has been declared as Rs 1,51,581 crore.
The Finance Minister expressed concern that a serious illness of family member(s) causes severe stress on the financial condition of poor and economically weak families, shaking the foundation of their economic security. In order to help such families, the Government will launch a new health protection scheme which will provide health cover up-to rupees one lakh per family, the Finance Minister said. For Senior citizens of the age 60 years and above belonging to this category, an additional top-up package up to Rs.30,000 will be provided.
Allocation of budget.
Total Allocation for social sector including education and health care combined has been declared as Rs 1,51,581 crore.
New Health Protection Scheme
The Finance Minister expressed concern that a serious illness of family member(s) causes severe stress on the financial condition of poor and economically weak families, shaking the foundation of their economic security. In order to help such families, the Government will launch a new health protection scheme which will provide health cover up-to rupees one lakh per family, the Finance Minister said. For Senior citizens of the age 60 years and above belonging to this category, an additional top-up package up to Rs.30,000 will be provided.
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