Prashant Bhushan gets basic lessons on insurance after he called healthcare as Jumlanomics

“Modi has announced world’s biggest health insurance scheme for 50 Cr people, with insurance cover of 5 lakh/family/year. But budget for this is 2000Cr, which comes to RS 40/person/year! Modi thinks people won’t fall sick after they laugh their guts out at this joke! #Jumlanomics” tweeted Prashanth Bhushan , in response to the most popular health care initiative by the modi government

He was taken to task by twitterati for this idiotic tweet.As per Prashantnomics, for health insurance up to Rs 5 lakh premium should be Rs 5 lakh. Stick to law, sir.,wrote Kanchan Gupta.

Manak, a journalist also clarified the fallacy in the statement of Prashant Bhuahsn, he said ““Health insurance scheme will cost 5,000 crore. Govt has increased health budget by 6,000 crore. Additional income tax cess of 1% will also get us 11,000 crore. We have done our math and allocated money accordingly.”Niti Aayog vice chairman Rajeev Kumar told me last night”