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u00a0Chandan Sharma,
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nJanuary 9, 2023 at 11:53 am
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nAbstract
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Financing health care means ensuring adequate funds for health care to provide equitable access to all people and to reduce financial burden on the people. India’s healthcare system is neither sufficient nor updated. Quality of health care services is one serious issue in the country. Each year 122 person per 1 lakh die due to poor quality of care. There is linkage between poor quality of health service and low investment on health. For the last three decades Indian Government’s spending on health ranges between 1% to only 1.6% of GDP. The Indian government has been taking the major responsibility in health sector. It provides health care services to the people free of costs. But the public health system is insufficient in comparison to the huge population size. Depriving quality health care services people are forced to move towards private health care providers. But in return of higher price the services provided by private players are not adequate. The objective of this paper is to have an overview on the healthcare financing system of India and its consequences. It is found that government’s share of spending is decreasing while out of pocket expenditure is in an increasing trend in India.
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Keywords Finance, Health, Expenditure, Death, Government
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References
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1. OECD Health Statistics, 2019; https://www.oecd.org/health/health-data.htm; accessed on 21-10- 21
2. The Lancet, September 6, 2018
3. Sinha, D. (2021). Explained: Despite Govt Claims, India’s Health Budget Only Around 0.34% of GDP. The Wire Science: https://science.thewire.in; accessed on 20-05-21
4. Purohit, B.C. (2020). Economics of Public and Private Healthcare & Health Insurance in India. New Delhi: SAGE Publications India Pvt. Ltd.
5. Dubochet, L. (2012). Achieving Healthcare for All in India. Oxfam India: New Delhi
6. Burns, L.R. (ed.) (2014). India’s Healthcare Industry. Cambridge University Press: Delhi
7. Economic Survey 2020–21; Government of India, New Delhi
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Journal Menu
Editors Overview
njlsm maintains an Editorial Board of practicing researchers from around the world, to ensure manuscripts are handled by editors who are experts in the field of study.
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- By [foreach 286]n
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Chandan Sharma
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- Assistant Professor,Economics Morigaon College, Morigaon,Assam,India
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Abstract
nFinancing health care means ensuring adequate funds for health care to provide equitable access to all people and to reduce financial burden on the people. India’s healthcare system is neither sufficient nor updated. Quality of health care services is one serious issue in the country. Each year 122 person per 1 lakh die due to poor quality of care. There is linkage between poor quality of health service and low investment on health. For the last three decades Indian Government’s spending on health ranges between 1% to only 1.6% of GDP. The Indian government has been taking the major responsibility in health sector. It provides health care services to the people free of costs. But the public health system is insufficient in comparison to the huge population size. Depriving quality health care services people are forced to move towards private health care providers. But in return of higher price the services provided by private players are not adequate. The objective of this paper is to have an overview on the healthcare financing system of India and its consequences. It is found that government’s share of spending is decreasing while out of pocket expenditure is in an increasing trend in India.n
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Keywords: Finance, Health, Expenditure, Death, Government
n[if 424 equals=”Regular Issue”][This article belongs to NOLEGEIN Journal of Leadership and Strategic Management(njlsm)]
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References
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1. OECD Health Statistics, 2019; https://www.oecd.org/health/health-data.htm; accessed on 21-10- 21
2. The Lancet, September 6, 2018
3. Sinha, D. (2021). Explained: Despite Govt Claims, India’s Health Budget Only Around 0.34% of GDP. The Wire Science: https://science.thewire.in; accessed on 20-05-21
4. Purohit, B.C. (2020). Economics of Public and Private Healthcare & Health Insurance in India. New Delhi: SAGE Publications India Pvt. Ltd.
5. Dubochet, L. (2012). Achieving Healthcare for All in India. Oxfam India: New Delhi
6. Burns, L.R. (ed.) (2014). India’s Healthcare Industry. Cambridge University Press: Delhi
7. Economic Survey 2020–21; Government of India, New Delhi
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NOLEGEIN Journal of Leadership and Strategic Management
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| Volume | 4 |
| Issue | 2 |
| Received | October 6, 2021 |
| Accepted | October 28, 2021 |
| Published | November 30, 2021 |
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