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Alleviating the scourge of private healthcare
Context:
It is crucial for the government to make private healthcare affordable alongside expanding public healthcare.
India’s Performance
- Low Expenditure on Health: India ranks poorly on multiple health financing indicators. Its public health expenditure is a percentage of its GDP (1.28%).
- Comparative performance: The share of general government expenditure dedicated to health (4.8%) remains akin to the poorest countries. Per capita, health spending growth has not kept pace with rising incomes.
- Higher Healthcare cost: Private spending constitutes nearly 60% of overall expenditure on health, indicating a dominant role. It increases the burden of personal expenditure on health.
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