India has the worst record globally when it comes to out-of-pocket trend. The country has the lowest public spending in healthcare. Both the Centre and states need to increase their spending to meet huge gaps. Low spend on healthcare as a percentage of GDP is insufficient to meet the ...
Rate of return on life insurers' invested assets in the U.S. 2000-2018 Purchases of life insurance in the U.S. 2018, by state Number of patients with non-communicable diseases in India 2010 Topics Out-of-pocket health care spending in the U.S.Medical debt in the U.S.Private health ...
With a view to improve access and quality of health services, government should enhance public spending on health sector in the vicinity of 3 per cent of GDP.B. S. Ghuman∗Akshat Mehta∗∗Ghuman, B.S. and Mehta, A. (2009). Healthcare services in India: Problems and prospects. ...
Policies designed to shift the burden of healthcare away from the public purse into the private pockets have been so effective that private spending now accounts for around three quarters of national health expenditure (Lim, 2004). The main objective of the present paper is to analyze the scope...
India is still spending the lower proportion of GDP on health, despite a rising trend of public health investment, than the south-east Asian countries, like Thailand and Indonesia, whose proportion of GDP is spent on public health is 3.8% and 2.9%, respectively in 2019 [4]. This relatively...
There is a need for efficient telehealth management and remote healthcare surveillance technologies. When implemented, Medical 4.0, can manage the current medical condition properly, as it will give sophisticated technology solutions to address the problems associated with the COVID-19 epidemic. In the...
Inadequate Health Care Financing: Despite ambitious healthcare initiatives, India's public health spending remains critically low, with heavy reliance on private out-of-pocket expenditure. Government health expenditure in India stands at 1.9% of GDP, as per the Economic Survey 2023-24. In India...
Controlled fiscal deficit: The fiscal deficit stood at 4.4% of GDP in the second quarter of this fiscal year, accounting for 29.4% of the budget estimate, and standing 10% lower than last year. This gives government some room to ramp up spending to boost demand. With lower capital expenditu...
The main drivers are GDP per capita, consumer spending per capita, and healthcare spending. Additional notes:The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated ...
The country also has an opportunity to develop high-value agricultural ecosystems, healthcare services for India and the world, and high-value tourism.Growth booster 2: Efficiency engines for India’s competitivenessThe business models in this grouping can eliminate inefficiency in areas that underpin...