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Price cap on medical devices can save Indians from debt: MP to Modi

Ensuring hospitals comply with the price caps has been a challenge

Reuters  |  Mumbai 

A member of the Indian parliament wrote a letter to Prime Minister Narendra Modi on Thursday urging him to cap the prices of 20 medical devices to bring down hospitalisation costs and make healthcare more affordable. The letter follows government decisions earlier this year to cap prices of two other medical devices - knee implants and cardiac stents - which did not go down well with many in the healthcare industry. Public health experts, however, point to India’s high out-of-pocket spend and lack of health insurance as reasons for tighter control of drug and medical ...

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First Published: Fri, December 22 2017. 08:51 IST