To provide quality healthcare, the government, insurance companies and pharmaceutical companies should come together, a group of experts said here Sunday.
India Health Progress (IHP), a healthcare forum brought together experts at a conference to discuss and deliberate 'Access to Healthcare'.
"About 85 percent of healthcare costs are paid by the end consumer. To reduce this burden, innovative models of partnership amongst government, insurance companies and pharmaceutical companies need to be worked out to provide better access," Sundeep Kumar, head, corporate and public affairs, Novartis, said at the conference.
"We need to explore business models that tackle issues specific to our country, including public-private partnership, social entrepreneurship and patient assistance programmes. Innovation in healthcare can be a game changer. However, the cost of innovation needs to be borne by someone, which could be the government too," said Amit Kapoor, chairman, Institute for Competitiveness India.
Highlighting that mass awareness is important because even if the treatment is free, there is no guarantee that the people will avail these.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
