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Giving Compass' Take:
· In India, access to health care is limited for those who lack financial resources, but that's about to change. According to Global Citizen, India's Prime Minister Narendra Modi is planning to change the health care system by providing over 500 millions individuals with insurance that will cover the costs of private hospitals.
· How will this change to India's health care system affect the economy?
· Read about 5 healthcare industry-changing principles from India.
There are two kinds of hospitals one can expect to visit in India. In some hospitals, patients receive world-class care and medical opportunities. In others, they wait for an unspecified amount of time in an overcrowded facility with minimal options.
But India’s Prime Minister Narendra Modi wants to change that.
The program will include a strategy to provide more than 500 million people with health insurance to use in private hospitals. This plan, called Ayushman Bharat (the National Health Protection Mission), would provide the poorest families in India with more than $7,200 per year.
Right now, there is a serious disparity between health care for the wealthy and health care for the poor in India.
India’s private hospitals are world-renowned — but they are accessible only to those who will pay for them or have employer health insurance.
Read the full article about India's health care system by Jackie Marchildon at Global Citizen.