BANKING AFFAIRS

Detailed explanation-1: -Rashtriya Swasthya Bima Yojana (RSBY) | Features and Benefits. The Rashtriya Swasthya Bima Yojana provides a health insurance cover to individuals or families who are below the poverty line and workers belonging to unorganised sectors.

Detailed explanation-2: -Organizing and administering health insurance, especially in rural areas, is also difficult. Recognizing the need for providing social security to these workers, the Central Government has introduced the Rashtriya Swasthya Bima Yojana (RSBY).

Detailed explanation-3: -Rashtriya Swasthya Bima Yojana (RSBY, literally “National Health Insurance Programme", [1] Hindi: ) is a government-run health insurance scheme for the poor Indian people. It provides for cashless insurance for hospitalisation in public as well private hospitals.

Detailed explanation-4: -Objective: To provide financial protection against catastrophic health costs. To improve access to quality health care for below poverty line households and other vulnerable groups in the unorganized sector.

Detailed explanation-5: -The Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) was announced in 2003 with the objectives of correcting regional imbalances in the availability of affordable/ reliable tertiary healthcare services and also to augment facilities for quality medical education in the country.