In his Independence Day Speech in 2018, Prime Minister Narendra Modi made an announcement of the launch of the biggest government-sponsored health insurance scheme in the world – Ayushman Bharat Yojana, renamed as the Pradhan Mantri Jan Arogya Yojana (PMJAY).

The ambitious scheme aimed at offering health insurance cover of Rs. 5 lakh per family to 10 crore families covering the urban and rural poor, with nearly 50 crore beneficiaries. The annual premiums of the health insurance cover shall be borne by central and state government in a 60:40 ratio and will be totally free for the below poverty line families.

Here are the principal benefits of this flagship scheme introduced by the government.

  • For the Ayushman Bharat eligibility, the beneficiaries are selected from the Socio-Economic Caste Census of 2011. Of the 10 crore families to be covered under the scheme, 2 crore comprises of families residing in urban India and 8 crore families comprise of families residing in rural India.
  • The scheme gives special priority to those over 60, children, especially the girl child and women. Furthermore, the health cover is all-inclusive and does not have any restrictions in terms of family size and age limits.
  • PMJAY beneficiaries can avail cashless treatment throughout India. The scheme plans to make the entire process cashless and remove the burden of paying out-of-pocket expenses.

According to the 71st Round of NSSO, 82% of urban households and 85.9% of rural households have no access to healthcare insurance.[i] The government’s expenditure for the healthcare sector in India is expected to be raised to 2.5% of GDP by 2025. [ii] Furthermore, the country’s healthcare market may reach $372 billion by 2022. [iii]

Despite some advances, the healthcare industry in India has plenty of hurdles to face. Its existing infrastructure is inadequate to cope with the growing demand of citizens all over the nation. While schemes like PMJAY are a ray of hope for the underprivileged, the harsh reality is that most hospitals across the country remain under-financed and under-staffed.

Hospitalforsalelease.com is a global online marketplace which connects hospitals in remote parts of India to investors and service providers from all over the globe so they can overcome these shortfalls and deal with issues like burgeoning infrastructure costs, staff shortages, exorbitant medical equipment costs and more. This platform can make a significant contribution towards carving a path of progressive healthcare for beneficiaries of the Ayushman Bharat scheme as investors and hospitals can benefit by easily connecting with each other for hospitals and medical equipment for sale or lease and bring down their infrastructure costs and making more hospitals reach to far off places to heal patients which are currently in losses or closed down or not fully operational.

Hospitalforsalelease.com is a mutually beneficial platform where investors can search for health care properties for sale and medical equipment online store instead of taking huge loans to set up a clinical facility or buy expensive medical equipment. Hospital owners can put hospitals for sale or lease by uploading their details on the platform and getting in touch with the right investors.

Since this is a brokerage-free platform, clients can take the deal offline and close it after negotiating a deal between themselves. The main aim of hospitalforsalelease.com is ensuring that ethical and timely patient care is available for everyone. Often, increasing infrastructure and medical equipment costs lead to hospitals filing for bankruptcy or unethical treatment to patients to generate enough revenue to survive. The platform aims to fix this issue by bridging the gap between sellers and buyers so each can benefit from the others’ services and contribute towards building an improved healthcare sector in India.

At hospitalforsalelease.com you can find hospitals from over 200 cities plus worth Rs. 8,000 crore assets/hospitals for sale, lease or hospital expansion with investors from 75+ cities.

[i] https://www.indiatoday.in/india/story/all-about-pmjay-ayushman-bharat-the-national-health-mission-1348387-2018-09-25

[ii] https://www.business-standard.com/article/current-affairs/govt-aims-to-raise-health-services-expenditure-to-2-5-of-gdp-by-2025-119070200962_1.html

[iii] https://www.investindia.gov.in/sector/healthcare