In Union Budget 2018-19, various plans were discussed related to various aspects. Out of all those aspects, health care was one of the main aspects. Following are the Healthcare Initiatives of Union Budget 2018-19.
Healthcare Initiatives of Union Budget 2018-19:
Modicare – INR 5.00 Lakhs Health Cover for Each Family:
Union Budget 2018 has a mega healthcare programme for the poorest segment of the society. Two new healthcare initiatives are there under the state-run scheme of Ayushman Bharat Programme. These are:
1) National Health Protection Scheme:
This scheme will cover a health insurance of worth INR 5.00 lakhs per year. About 10 Crore vulnerable families will get the benefit of this scheme. That means about 50 Crore individuals will get the benefits of this grand scheme. The scheme is famous as ‘Modicare’.
2) Wellness Centers:
More than 1.5 lakhs health and wellness centers will open to provide free medications; and, diagnostic services for poor families.
Tax Benefits for Senior Citizens in Union Budget 2018:
1) Under Section 80D of the Income Tax Act, the limit of deduction for senior citizens is now INR 50,000.00 from INR 30,000.00
2) Senior citizens will get benefits under Section 80DDB of the Income Tax Act. The deductions for medical expenses for senior citizens and very senior citizens is now INR 1.00 Lakh. In 2017-18, it was INR 40,000.00 for senior citizens; and, INR 60,000.00 for very senior citizens.
Recommended Read: 7 Income Tax Changes Effective from April 1, 2018
For the first time in India, the poor section of the society will get the benefit of various healthcare facilities available in the country. Now, the poor people of the country will get treatment inside the hospitals & wellness centers. A good thing to appreciate.