Hospital Bills: Rich Pay, Poor Get Care?
A Parliamentary committee suggests corporate hospitals use earnings from foreign patients and wealthy Indians to fund treatment for economically weaker sections. This cross-subsidisation model aims to make advanced healthcare more affordable and accessible for all. Hospitals benefiting from government concessions like subsidized land and tax incentives are expected to earmark revenue from medical tourism and high-paying patients. The goal is to ensure that the growth in India's corporate hospital sector also benefits those who cannot afford expensive treatment, addressing low private health insurance penetration and high out-of-pocket expenses. This could improve access to life-saving tertiary care.
Read original storyHospital Bills: Rich Pay, Poor Get Care?
A Parliamentary committee suggests corporate hospitals use earnings from foreign patients and wealthy Indians to fund treatment for economically weaker sections. This cross-subsidisation model aims to make advanced healthcare more affordable and accessible for all. Hospitals benefiting from government concessions like subsidized land and tax incentives are expected to earmark revenue from medical tourism and high-paying patients. The goal is to ensure that the growth in India's corporate hospital sector also benefits those who cannot afford expensive treatment, addressing low private health insurance penetration and high out-of-pocket expenses. This could improve access to life-saving tertiary care.
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