By: Sarwar Alam
Prime minister Narendra Modi on Sunday (23) launched the world’s biggest health insurance scheme, promising free coverage for half a billion of India’s poorest citizens ahead of national elections next year. The bottom 40 per cent of India’s 1.25 billion people will be covered under the flagship program, dubbed “Modicare”, unveiled in the federal budget earlier this year. The 100 million lowest-income families will be provided 500,000 rupees ($6,900) — a sizeable sum in India — in annual health insurance to treat serious ailments. Modi handed medical cards out at the launch in Ranchi, capital of the eastern state of Jharkhand, calling it a…
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