Oct 02, Colombo: An insurance scheme introduced by the government for 4.5 million school children will be implemented from this month.
The National ceremony to launch the "Suraksha Sisu Rakshanaya" insurance scheme will be held this morning under the patronage of President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe at Temple Trees.
The insurance consisting of three main areas- Health Insurance, Emergency Coverage and Special Benefits - will cover all students between the ages of 5-19 in government schools, non-aided or aided private schools, Pirivena schools and international schools.
At present there are 4.5 million school children studying in 11,242 schools and data about them are being prepared.
Sri Lanka Insurance Corporation (SLIC) manages the insurance program and the government has allocated Rs. 2.7 billion for this year. There is no initial payment from any party and the government bears the total cost.
This is the first time such a program is launched not only in Sri Lanka but in the whole of the South Asian region. This program is the brainchild of Education Minister Akila Viraj Kariyawasam and guided by the Education Ministry.
There is a legal commission in insurance and on the request of Minister Kariyawasam it will be credit to a special fund to cover sicknesses that include cancer, bone marrow transplants as well as for special surgeries.
There are many benefits including a maximum coverage of Rs 200,000 per year while up to Rs 100,000 will be reimbursed for one admission while doctor's charges for laboratory investigations will be reimbursed even without a hospital admission.
SLIC will issue a card which has to be produced when taking medicine. The insurance is based on government hospitals but it can be from government registered private hospital or even an Ayurveda hospital.