Good News for EPFO Subscribers: If you are an employee of Provident Employees Organization Fund (EPFO), then this news is for you. More than 7 crore subscribers of EPFO are going to get great news. A proposal is being discussed by the organization that now the employees of EPFO should get coverage under Ayushman Bharat Health Insurance.
Preparations are being made to provide coverage of Ayushman Bharat Health Insurance to all the subscribers in the EPFO board. This proposal can be approved by the end of this month. Let us tell you that under Ayushman Bharat Health Insurance, insurance coverage of up to Rs 5 lakh is given, that is, under this scheme, nothing goes out of your pocket on the expenditure of up to 5 lakhs.
Will not have to pay premium
It is being told in the proposal that the pensioners of EPFO and their life partner will be considered entitled to this scheme. Subscribers of EPFO will not have to pay premium for Ayushman scheme. In the proposal put up by the EPFO, it has been said that the premium of each subscriber, whose value is Rs 111, will be borne by the EPFO.
What is Ayushman Bharat Health Insurance Scheme
Ayushman Bharat Card was started by the Central Government to provide free health facilities to the people of the country. This scheme was started in September 2018. Under this scheme, every cardholder gets free treatment up to Rs 5 lakh.
This card is available to those people who are eligible for it. You can get it made both offline and online. Many types of facilities are available on Ayushman Bharat card. Chronic diseases are also covered under this plan. All the expenses before and after hospitalization are covered through this plan. Along with this, the expenses incurred through transport during treatment are also included.
EPFO subscribers get 7 lakh coverage
Employees Deposit Linked Insurance is an insurance scheme run by EPFO, which is run for every employee registered with EPFO. Under this scheme, an insurance cover of up to 7 lakhs is given. This scheme works with the combination of EPF and EPS. It is important for everyone to know about this, because if an employee dies during the job, then his nominee can get financial help of up to 7 lakhs under this scheme.