HEALTH CARE

Key challenges

POSTPONEMENT OF ELECTIVES Patients have been delaying elective surgeries on fear of catching infection

STRESS ON INFRA Govt had to reserve beds in hospitals for Covid treatment and create significant temporary capacity

DROP IN MEDICAL TRAVEL: Ban on international travel prevented foreigners coming to India to avail treatment

RETURNS LOWER THAN COST OF CAPITAL: Many providers earn return in single digits

LACK OF SKILLED HUMANRESOURCE It impedes health care delivery

IMPORTS OF MEDICAL DEVICES AND EQUIPMENT: CLOSE to 75% of medical devices are imported leading to forex loss

CONTINUIN GLOW REIMBURSEMENT RATES UNDER PMJAY It’s unattractive for private sector to participate in the programme

Industry ask

Incentivise creation of adequate infra to deal with the triple disease burden

Mandate ppp in other clinical procedures and hospitals like it has been done in dialysis

Leveraging private sector expertise to vaccinate a billion people

Rationalise the gst structure for hospitals

Taxsops: Reduce tax rates from 25% to 15% for establishing new private hospitals; provide tax benefits in proportion to revenue generated from treating medical value travel patients

A dedicated fund for health care start-ups, which are working on enhancing access and reducing costs

Monitor pli scheme and revisit incentives for domestic manufacturing