BANKING AFFAIRS

Detailed explanation-1: -The scheme offers a sum insured of Rs. 30, 000 on a floater basis. Launched by the Ministry of Health & Family Welfare, Rashtriya Swasthya Bima Yojana (RSBY) provides health insurance to Below Poverty Line (BPL) families. People who are eligible for this scheme can avail free medical facilities.

Detailed explanation-2: -Benefits of Rashtriya Swasthya Bima Yojana Through this scheme, you will be provided health insurance of Rs. 30000. Under this plan, you will be provided free treatment. Not only this, workers from the unspecified sector can choose their health care options in public and private hospitals.

Detailed explanation-3: -Rashtriya Swasthya Bima Yojana (RSBY) was launched by the Ministry of Labour and Employment (now comes under the Ministry of Health & Family Welfare) to provide health insurance coverage for the families belonging to the below the poverty line and other unorganised sector workers.

Detailed explanation-4: -RSBY or National Health Insurance Programme is a government-sponsored scheme for Indian citizens that belong to the low-income strata or Below Poverty Line (BPL). The full form of RSBY is Rashtriya Swasthya Bima Yojana.

Detailed explanation-5: -The RSBY, the health insurance scheme for BPL (below poverty line) families was launched for the workers in the unorganized sector in the FY 2007-08 and it became fully operational from 1st April 2008.