Care Cover

'Public Health Expenditure Should be Kept At Par with GDP's Growth'

Nivesh Khandelwal CEO and Founder CareCover added, “While public expenditure on healthcare has increased in absolute terms from INR 72000 crores to INR 2.13 Lakh Crore, it has still not kept pace with WHO standards for public health expenditure as a percentage of GDP. The government should aim to increase the expenditure as % of GDP by 0.25 basis points every year. Notably, the hospitalization expenses are lower in certain states like Delhi and Karnataka as compared to others. The government needs to set up a task force to assess how to bring down the cost of healthcare without penalizing service providers for the same. Successful schemes like Delhi Arogya Kosh could be implemented across other states too.”