The Ayushman Bharat-National Health Protection Mission (AB-NHBM) , is credit positive for insurance companies as it will aid in higher premium growth, a report said. Prime minister Narendra Modi, in his August 15 speech, has said  that the scheme will be launched on September 25, which will cover over 10 crore families and would provide a health insurance coverage of up to Rs 5 lakh per family per year for secondary and tertiary care hospitalisation.

“The scheme will be credit positive for the insurers because it will help grow health premiums and provide insurers with cross-selling and ser-vicing opportunities,” said  rating agency Moody’s.