Increasing medical expenses in India

Filed in: expensive medical facilities india, Health, health insurance, medical expenses.

Increasing medical expenses in India

India has experienced unprecedented growth in the number of hospitals that have sprung up across the country. In spite of this, the WHO affirms that 70% of the Indians continue paying all the medical expenses of their pockets. In our neighboring countries, as in Sri Lanka, only 30-40% of the population pays out of pocket for medical expenses. The National Office of Sample Surveys (NSSO) reports that spending on health care has increased from 6.6% to 6.9% in rural India. and from 5.2% to 5.5% in urban areas between 2004-05 and 2011-2012; while the Health Research Institute (HRI) of PwC estimates that medical costs will increase by 6.8% in 2015 from the estimated 6.5% for 2014.

In a recent speech, President Pranab Mukherjee expressed concern that the majority of Indians, around 4 million people, are pushed into poverty each year because of the medical expenses they bear.


Another survey conducted by the National Sample Survey Office suggests that the cost of treatment increased at a double-digit rate of growth, exceeding the average inflation in India, both rural and urban, in the last decade up to 2014. In addition, 86% of the Rural patients in India and 82 The percentage of urban Indian patients does not have access to any type of insurance provided by the employer or with state funds. In states such as Punjab, Maharashtra, Uttar Pradesh and Haryana, a large majority of the population turns to private hospitals for treatment.

These are the main reasons for the increase in the cost of medical expenses in India:

Increase in medical costs

The cost of medical facilities will increase with the increase in medical costs. The growth rate is slower than a decade ago since these costs outweigh inflation. This has led to spiraling expenses that remain uncontrolled and go unnoticed by the public.

Read Also  Effective natural home remedies to treat insect bites

Greater reward for medical providers

Hospitals tend to pay doctors and medical providers under the fee-for-service system. As the medical system is not integrated, repetitive tests and excessive treatment procedures are carried out. This can be harmful and unjustified since patients do not understand the nuances of the treatments they undergo.

Growth of chronic diseases and obesity

There is an increase in chronic conditions such as asthma, heart disease and diabetes. This is due to the change in eating patterns, weather conditions and lifestyle choices. Obesity is also increasing in urban regions and this leads to chronic diseases and inflated medical expenses.

Health is not consumerist

Since health care is not consumed and is only used by sectors of society, costs continue to increase. Since people continue to pay their medical expenses, there is no control over the increase in prices.

Lack of transparency in costs

Even when consumers obtain information from online sources and journals, there is no method to understand the options and costs of treatment. This lack of cost transparency means that consumers can not make truly informed decisions.

Insufficient public health system

Most public and government hospitals are understaffed and lack the basic requirements to function. This has resulted in a wave of private players charging exuberant rates that make several families become poor. Public hospitals can not keep up with private players and, therefore, stay behind.

Fewer plan options

Health insurance companies offer plans that control costs. Therefore, they limit provider plans and networks. This results in the search for fewer plan options and reduced access to physicians and providers.

Read Also  Home remedies for anal fissures

Increase in pharmacy costs

With the increase in the costs of specific drugs, there is likely to be an increase in the cost of medical care and facilities. Similarly, some medications have seen a huge increase in price due to availability and need.

With the right Health insurance plans, will be safe and protected against these escalating costs in medical facilities. This will help you cover most of the costs that are usually covered in your insurance plan and keep it safe and well protected. Also, if you travel long distances, you must register for Travel insurance As costs may increase especially when traveling abroad. This is the most important thing for all members of your family, as it is important to keep them safe and control costs. Despite this, you should review and verify all the details within the policy and review multiple providers before enrolling.

Increasing medical expenses in India,

Tags: expensive medical facilities india, health insurance, medical expenses

You May Also Like:
    How to lose fat simple exercises
    Alterations in your weight, whether to gain weight or lose weight and to maintain the correct and necessary amount of fat in your body,

    Homemade Magnesium Boost Balls
    Magnesium is so beneficial that it is considered one of the most important nutrients for human health. However, 80 percent of Americans may have

    Building stronger bones for a better future
    Building stronger bones for a better future The bones provide your body with a framework, protect the organs, keep the muscles in place and

    8 home remedies backed by science for stomach ulcers
    8 home remedies backed by science for stomach ulcers
    Peptic ulcers are small open sores that develop in the lining of the stomach or small intestine. Known as gastric ulcers and duodenal ulcers,

    Importance of health insurance in India
    Importance of health insurance in India Health insurance is becoming the very necessary insurance for every individual in India and today I am going

    5 dangerous ingredients that should never be in food
    5 dangerous ingredients that should never be in food
    Despite all the information available to our fingers today, most people still do not seem to understand, or worry, that there are many toxic

    Home remedies for cold sores
    Also known as fever blisters, these are small blisters that develop around the mouth, mainly on the lips. Some of the other areas where

    Tips to grow taller even after puberty
    For years we have heard that you can not increase your height once you have reached puberty. But from what I've seen and experienced,

    9 reasons why you should drink a glass of carrot juice right now
    Bugs Bunny loves carrots, and many people do too, it is one of the most popular and versatile vegetables, raw, cooked or in juice.

    I stopped eating wheat and this is what happened
    For decades we have been told that we should eat two to three servings of whole grains every day and that it is an

    Leave a Reply

    Your email address will not be published. Required fields are marked *