November 27, 2024

Modi Government Triples Public Healthcare Spending, Reduces Reliance on Private Expenditures

The Modi administration has notably boosted government spending on healthcare, demonstrating its increasing commitment on enhancing public healthcare in India. As per the latest data, the government’s healthcare spending per capita has tripled from Rs 1,042 in 2013–14 to Rs 3,169 in 2021–2022. For the first time, government spending on healthcare has exceeded private out-of-pocket costs, highlighting a significant change in India’s healthcare system.

Between 2013–14 and 2021–22, the government’s portion of healthcare spending increased from 28.6% to 48%. Concurrently, private spending, which has historically been India’s main source of funding for healthcare, fell sharply from 64.2% to 39.4%. This change reflects the government’s concerted efforts to lower personal healthcare costs and provide accessibility for all citizens, particularly the less fortunate.

This change has been fueled by several efforts, chief among them Ayushman Bharat. Over 50 crore people in India can now receive health insurance coverage up to Rs 5 lakh thanks to this scheme, which greatly reduces the financial burden of obtaining healthcare services. Ayushman Bharat has been crucial in guaranteeing that a significant portion of India’s populace obtains vital medical care without having to worry about crippling costs.

In addition, the government has made significant investments in preventative care and public health infrastructure. These expenditures go toward improving facilities, expanding access to healthcare, and supporting wellness initiatives. By encouraging good living habits and prompt medical attention, the focus on preventive healthcare also seeks to reduce the incidence of diseases in the general population.

The government expanded the safety net of healthcare coverage by extending the Ayushman Bharat scheme benefits to all Indian residents over 70 years of age in the July budget announcement. This action shows the dedication to guaranteeing that everyone has access to free healthcare solutions, including the elderly, who could require it the most.

The Modi administration’s dedication to enhancing the general health and well-being of the country is demonstrated by the increased funding for public healthcare and programs like Ayushman Bharat. This strategy lessens residents’ reliance on private expenditures, which frequently result in financial stress and disparity in access to healthcare services, and assures that public resources are used to solve the country’s healthcare requirements.

 

 

 

SOURCE :

ANI

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