The government of India body has shown intent to cap the prices for exorbitant prices of many orthopedic implants by 50%, news has suggested. The reduction in the cost will hopefully increase the affordability as well as higher demand is expected. The reports by the leading news agencies have categorically stated that a government body is looking into reducing the costs of steeply priced orthopedic implants. The prices of these implants are currently not regulated, thus losing affordability amongst the people who need them most.
The Government of India body known as National Health System Resource Centre (NHSRC) which comes under Department of Health and Family Welfare has been officially asked to assess whether the prices of orthopedic implants can be capped. Meaning, the companies producing implants will not be able to sell their implants above the ceiling prices of the implants. In…
