To facilitate and take the medical services to the next level, the State of Goa envisaged the present scheme in order to provide its people quality medical care and treatment of diseases, hospitalization and surgery through Government and private hospitals. The scheme is intended to benefit all the resident population of the State of Goa. “Resident Population” is defined as person residing in Goa for more than 5 years. Welfare of the people of the State is the endeavor of any Government & to achieve this end, the social security net requires further strengthening. As a result, the State Government announced “Swarnajayanti Aarogya Bima” in its State Budget to provide an health cover through an insurance policy Scheme to the entire resident population of the State similar on the lines of Central Government’s health insurance scheme for BPL families called as Rashtriya Bima Swasthya Yojana. Thus, Health Insurance could be an innovative way of overcoming financial handicaps, improving access to quality medical care and providing financial protection against high medical expenses to the people of the State of Goa.