The Yeshasvini Cooperative Farmers Health Care Trust is the financial reservoir that ensures the seamless implementation of this health insurance scheme. It was established and registered under the Indian Trust Act 1882. While the Chief Minister of Karnataka is the chief patron of this Trust, the Minister of Cooperation is also a contributor.
Besides these 2 designations, there are renowned doctors, 5 senior officers, and a principal secretary forming this trust’s governing body.
In addition to the contributions by citizens, the Karnataka government also makes significant donations to this trust. This helps in delivering all the said benefits to the individuals insured under this scheme.
The Department of Cooperation under the Government of Karnataka, issues the guidelines monitoring these enrollment and renewal requirements every year. The Deputy Registrar of Cooperative Societies and Cooperative Development Officers are responsible for conducting the enrollment process and contribution collection.
They then send the total collected premium to the District Central Cooperative Banks, which further transfer the amount to the Apex Bank of Bangalore.
This amount is then used to finance the medical coverage required by policyholders.
However, to benefit from the scheme’s offerings, you must first meet its eligibility requirements.