-The Hindu It is critical that the HPS is finalised after considering possible distortions in medical insurance schemes and looking at models that have worked. The Health Protection Scheme (HPS) that was announced in the Union Budget 2016 is more generous than the earlier scheme, the Rashtriya Swasthya Bima Yojana (RSBY). Poor households now get an annual health cover of Rs.1 lakh; the limit under RSBY was Rs.30,000. In principle, the HPS...

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