For universal healthcare coverage in India government needs to increase spending
With an aim to provide a roadmap for achieving 'Universal Healthcare Coverage' (UHC) Federation Indian Chamber of Commerce and Industry (FICCI) and professional service firm Ernst & Young has come up with a research paper 'Universal health cover for India: Demystifying financing needs'.
The paper attempts to define the context of possible health care demand, role of government and the private sector, financing imperatives and critical success factors for establishing and sustaining Universal Healthcare Coverage (UHC) in its true spirit with emphasis on supply-side financing.
“The economic advancement in India has enabled the government to clearly articulate its intent to increase the public financing of health to 2.5% of India's GDP, in the 12th Plan to move towards affordable, accessible quality healthcare for all. The FICCI-E&Y study estimates that UHC in India can be achieved over a period of 10 years with Government health expenditure increasing to 3.7% to 4.5% of GDP and reduction of out of pocket expenses to 20-30%,” said Sangita Reddy, Chairman, FICCI Health Services Committee & ED (Operations), Apollo Hospitals.
While speaking on the occasion of FICCI Heal Summit 2012 Dr. Nandakumar Jairam, Co-Chair, FICCI Health Services Committee and Chairman & Group Medical Director, Columbia Asia Hospitals India opined that the adoption of UHC as a policy imperative will entail providing access and affordability to all in the short and medium term.