01 February 2022 | Views
Dr B S Ajaikumar, Executive Chairman, HealthCare Global Enterprises
"It was disappointing not to hear of any announcement on many critical areas facing the healthcare industry, like the urgent need to raise healthcare expenditure to at least around 2.5% of GDP. Given the chronic issues facing healthcare in India, 1.8 percent falls short of addressing the lingering challenges on the ground. We also need universal health coverage to enforce uniformity of treatment through cross-subsidy, devoid of financial strain and debt traps for the economically challenged. I was also expecting heartening policy measures on many other key issues; like the investments in tech-enabled systems using predictive genomics to fight the evolving mutations and likelihood of newer microorganisms, rationalization of the tax structure around life-saving drugs and emergency treatments, as also lowering of GST slabs and raising of tax deduction limits that are imperative to serve the larger cause of insurance."