- Scheme Details – This is one of the most important schemes in our list of government health insurance schemes in India as it affects a very large section of the rural, landless families. AABY is a tailored for rural households who do not have any land and provides a comprehensive social coverage to the family. As part of the AABY scheme, the head of the family or one earning member is covered. The new AABY scheme is the result of mergers between 2 social schemes – Aam Admi Bima Yojana (AABY) and Janashree Bima Yojana (JBY).
- Eligibility – The member to be covered should be aged between 18 and 59 years. Also, the member can be head/ one earning member for the BPL family/marginally above poverty line under a vocational group/rural landless family.
- Cost – The premium to be charged initially is Rs.200/- per member per annum. Premium is shared equally by the Central Government and the State Government.
- Benefits – Death benefit to policyholder/nominee in case of natural death-Rs 30,000, On death due to accident / on permanent disability due to the accident (loss of 2 eyes or 2 limbs )-Rs 75,000. In case of partial permanent disability due to accident Rs 37,500. Free scholarship to 2 children between 9th to 12th class, up to Rs. 100 per month.
