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Article #341: Healthcare Services Industry - India

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The last decade has been witness to the in rural and urban areas. In the private
giant strides taken by the Indian sector, healthcare facilities are owned
healthcare scenario, towards and run by for-profit companies and
modernization and development- gone are non-profit or charitable organizations.
the days when those who could afford it In the earlier era, the high custom
had to travel abroad to get highly duties imposed by the government on
specialized services such as cardiac imported medical equipment was a big
surgery, while others had to do without deterrent to set up private hospitals
it. offering specialised medical care using
Today, patients from the developed state of the art equipment, usually
Western nations are coming to India to imported from abroad. As a result, there
receive specialized medical treatment. were very few privately run large
Not only is India meeting international hospitals but there were many small
standards, but at prices that compare private practitioners who provided
very favorably with developed countries. primary and secondary care.
In India, healthcare is delivered through The low level of medical insurance was
both the public healthcare system and the another major problem faced by the
private sector. The public healthcare private hospitals - not having insurance
system consists of healthcare facilities meant that the patients had to pay for
run by the central and state governments, the treatment from their own pockets and
which provide services free of cost or at not everyone could afford the high costs
subsidized rates to low-income families of private healthcare.






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