With the union budget for 2016 around the corner, the expectation of healthcare domain from the budget is sky-high. India ranks 164th in the sample of 191 countries in per capita public expenditure on health which is 30% that of China. Moreover, public spending on health as a percent of GDP in India has stagnated in the past two decades, from 1990–91 to 2009–10, varying from 0.9-1.2% of GDP. Let us have a look what this budget can bring to the medical fraternity?
India is neither a health care facilitator like the USA nor a healthcare provider like the UK, since the private sector which provides 70% of the health care is not in any way supported by the government. On the other hand, the government is bringing more and more regulations which affect the financial viability of the private health care institutions and denial of health care through the private sector. Furthermore, 80% of…
