NEW DELHI — Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) — the world’s largest health insurance scheme — has added another feather to its cap with free health coverage to all senior citizens above the age of 70 in the country. In a significant move, the Union Cabinet this week approved a major expansion of the AB PM-JAY to provide health coverage to all older adults aged 70 and above, regardless of their income. The move comes as India’s elderly population is projected to double by 2050, and will increase the demand for geriatric care. By 2050, one in five people in India is expected to be elderly.  “This expansion is set to benefit around 4.5 crore families, including 6 crore senior citizens, by providing them with free health insurance coverage of up to INR 5 lakh per family. With this approval, every senior citizen in this age group will have access to the scheme’s benefits, regardless of their socio-economic status,” the Ministry of Health and Family Welfare said. With the scheme senior citizens above 70 can avail of a new distinct card, top-up coverage, and family coverage. They will also get a choice of schemes, and also...