Employees Provident Fund Organization (EPFO) is contemplating giving the cover of Ayushman Bharat Health Insurance to all its subscribers, reported Zee Media.
Preparations are being made to provide Ayushman Bharat Health Insurance coverage to all EPFO subscribers. This proposal is likely to be approved by the end of the month.
Ayushman Bharat Health Insurance gives cashless insurance coverage of up to ₹5 lakh.
According to the proposal, EPFO pensioners and their life partners will be considered eligible for this scheme. EPFO subscribers will not have to pay a premium for the Ayushman scheme. According to the EPFO's proposal, the EPFO will bear the premium of each subscriber, which is ₹111.
The Central Government established the Ayushman Bharat Card to provide free health care to the people of the country. This programme began in September 2018. Every cardholder is eligible for free treatment up to ₹5 lakh under this scheme.
This card is available to those who qualify for it. The Ayushman Bharat card provides a wide range of services. This plan also includes coverage for chronic diseases. This plan covers all expenses both before and after hospitalisation. In addition, transportation expenses incurred during treatment are included.
Employees Deposit Linked Insurance is an insurance scheme administered by EPFO that is available to all EPFO-registered employees. This scheme provides insurance coverage of up to 7 lakhs. This scheme employs a hybrid of EPF and EPS. It is critical that everyone is aware of this because if an employee dies on the job, his nominee may be eligible for financial assistance of up to 7 lakhs under this scheme.