Kerala Revised Budget: New health insurance scheme in the name of former CM Oommen Chandy met with scepticism
The Kerala government's proposed health insurance scheme named after former CM Oommen Chandy faces skepticism due to past challenges with the Karunya Arogya Suraksha Padhati (KASP). Experts suggest that the transition from insurance-based models to trust-based models previously led to significant financial strain on the state exchequer.
Why it matters
The debate highlights the complexities of managing large-scale public health financing and the fiscal risks associated with government-run insurance schemes.
The announcement of a new health insurance scheme with an enhanced insurance cover of ₹25 lakh for all families in the name of former Chief Minister Oommen Chandy is being met with much scepticism, going by the State’s previous experience with Karunya Arogya Suraksha Padhati (KASP), the health financing scheme launched by the previous Left Democratic Front government in integration with the Centre’s Ayushman Bharat scheme.
The article presents both the government's initiative and the critical perspective of experts regarding fiscal sustainability.
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