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How to Save a Million on Your Insurance Quotes Google News The Indian government is set to introduce the AARP National Insurance Program (NIP) which aims to provide insurance for all Indians who earn over Rs 10 lakh per annum, for an initial period of one year.
According to the NIP, the scheme will provide free, low cost health insurance to the unemployed, widows, and pensioners, who will receive it free from government.
The scheme will cover a number of conditions including maternity and parenthood, which are all essential for women.
The NIP is one of several proposals to make the insurance system affordable to people in India.
The country’s healthcare system is among the most expensive in the world.
In a country with a rapidly ageing population, India’s healthcare expenditure is projected to rise to a staggering Rs 5,600 crore per annumn.
India is the most populous country in the region, with over 3.5 billion people.
According to the World Bank, the average life expectancy for women in India is 81 years, which is less than two years behind the United States.
The National Sample Survey Organisation (NSSO), a leading global body in health research, estimated that India’s population of 1.25 billion will reach 1.9 billion in 2030.
The AARP said that India has one of the lowest rates of coverage among developed nations, with only 9% of its population having access to basic health insurance.
The National Insurance Scheme, which will cover the unemployed and the vulnerable, will cover people who earn less than Rs 10,000 per annums, which makes up around a third of India’s total population of 12.6 billion people according to the government.
The Indian government has already provided free health insurance for people with disabilities for one year, for a total of Rs 6,000 crore.
The government is also planning to provide free health coverage to the disabled for the first time in 2019.