What is Central Government Health Scheme for healthcare industry in India?

1. What are Ayurvedic, Yoga and Naturopathy, Unani, Siddha, and Homeopathy Centrally Funded Schemes?

Details of the Centrally Funded Schemes under AYUSH are given below: National AYUSH Mission (NAM) consisting of: I AYUSH Services (ii) AYUSH Educational Institution (iii) AYUSH Drug Quality Control.

2. Who is entitled to the Central Government Health Scheme facilities?

The entitled parties shall include

1) All Central Govt. Employees and their dependent family members live in the areas protected by the Central Government Health Scheme.

2) Govt of Central. Pensioners and their qualifying members of the family earn pensions from Central Civil Estimates

3) Sitting and Ex-Parliamentary Members.

4) Lieutenant Governors & Ex-Governors.

5) Fighters for Freedom.

6) Ex-Vice-Chairmen.

7) Present and Ex-Judges of the High Court & Supreme Court.

3. What is the Central Government Health Scheme?

The Central Government Health Scheme has been providing quality medical treatment to central government workers and pensioners registered under the scheme for the last six decades. In fact, the Central Government Health Scheme addresses the health needs of qualified beneficiaries, covering all four democratic pillars defined in India. The legislature, Judiciary, Executive, and Press, respectively, Central Government Health Scheme is the model provider of health care facilities for workers and pensioners of the central government and is unique in its kind due to the large volume of recipient base and the generous open-ended approach to health care delivery. Via the following medicine systems, Central Government Health Scheme offers health care:

1) Allopathic

2) Homoeopathic

3) Indian Medicine System

4) Ayurvedic

5) Unani

5) Siddha

6) Yoga

4. What do you mean by Family Floater Policy?

The Family Floater Policy is one single strategy that takes care of the whole family's hospitalization expenses. The policy has a single insured sum that can be used in any proportion or amount by any or all insured persons according to the maximum total limit of the insured policy amount. Very frequently, it is cheaper to buy separate individual policies than Family Floater Policy. All medical costs during sudden sickness, operations, and injuries are taken care of by the Family Floater Policy.

5. What are the different options for availing Central Government Health Scheme services to pensioners?

Pensioners living in areas protected under the Central Government Health Scheme: a) after making the necessary donation, they can get enrolled at the Central Government Health Scheme dispensary and can use both OPD and IPD facilities. (b) Such pensioners, in place of the Central Government Health Scheme, are not liable for a fixed medical allowance. Pensioners living in areas other than Central Government Health Scheme: By not paying any contribution, they can choose to use Fixed Medical Allowance (FMA) at $15.38 per month. (ii) Central Government Health Scheme (OPD and IPD) advantages may also be taken advantage of by reporting them. After making the necessary subscription, they find themselves in the nearest Central Government Health Scheme area. No Fixed Medical Allowance is provided in such instances. (iii) After making the necessary subscriptions in compliance with the Central Government Health Scheme guidelines, they also have the option of using FMA for OPD treatment and the Central Government Health Scheme only for IPD treatments.

6. How developed is the healthcare industry in India for investments?

The most promising sectors for investment in India is the healthcare industry, as the world's second-largest nation, India has an ever-increasing demand for the good healthcare industry and world-class services. As of 2018, the healthcare industry consisting of hospitals, health insurance, medical equipment, clinical trials, outsourcing, telemedicine, and medical tourism, is a $150 billion industry and is expected to hit $280 billion by 2022.

7. What is Ayushman Bharat National Health Protection Mission Council?

Ayushman Bharat National Health Protection Mission Council is a center-operated health system that can theoretically cover more than 10 poor and underprivileged families (approximately 50 crore beneficiaries) this offers coverage for hospitalization in secondary and tertiary care of up to INR5 lakh per family per year. Rashtriya Swasthya Bima Yojana (RSBY) and the Senior Citizen Health Insurance Scheme (SCHIS) c. The National Health Security Mission will integrate the GOI funded schemes. Treatment payments would be made for the purpose of regulating expenditures on the basis of the package price (to be decided in advance by the government) d. The Ayushman Bharat National Health Protection Mission Council (AB-NHPMC) will be formed at the apex level, chaired by the Minister, for policy direction and better coordination. Union Health and Family Welfare the benefits of the scheme are available nationally, and every public / private hospital in the country can enable a beneficiary covered by the scheme to receive cashless benefits.

8. What are the trending technologies in India’s healthcare industry that I can invest in?

There are different technology trends that are being used in healthcare. Robotic Process Automation (RPA): RPA will help the healthcare industry enhance operating performance, minimize costs and restrict human error while managing data (such as clinical documentation, doctor credentialing, patient self-pay administrator, Medicare billing, etc.) Augmented Reality (AR) and Virtual Reality (VR): AR has decreased our dependency on frustration. And new approaches to study human anatomy have been developed. 3D printing: Several applications have been found in the healing of physical injuries, ranging from precise casts to precise replacement of bionic components. IoT: IoT-enabled systems have revolutionized patient monitoring, real-time equipment tracking, efficient use of hospital equipment, and increased transparency in health insurance Application of Big Data & Analytics: Big Data refers to the vast amount of information produced by digitizing all that is gathered and analyzed by various techniques.

9. Is there any Central Government Health Scheme scheme similar to Ayushman Bharat National Health Protection Mission Council?

Other GOI initiatives: Pradhan Mantri Swasthya Suraksha Yojana National Tobacco Control Rashtriya Swasthya Bima Yojana Pulse Polio Polio Integrated Child Development Service Programme