Union Budget 2024-25: Here are the key challenges in health care sector
Public healthcare expenditure is estimated at 2.1% of GDP as of FY23, which is lower than that of many developing nations
 "Union Budget 2024-25: Here are the key challenges in health care sector")
Key challenges
Insufficient infrastructure and uneven distribution
Shortage of skilled human resource
Public healthcare expenditure is estimated at 2.1% of GDP as of FY23, which is lower than that of many developing nations
High out-of-pocket expenditure on health
Import dependency for high-end medical devices and equipment such as CT scans, MRIs, and linear accelerators
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Industry ask
Reduce/exempt GST payments from health insurance plans
Introduce innovative financial instruments
Addressing needs of novel healthcare model such as senior care, mental health
Accelerated implementation of digital technologies
Price revision of government schemes
Roll out and implementation of the Digital Personal Data Protection Act 2023
To achieve Universal Health Coverage, it is essential to prioritise accessibility beyond metro and tier-I cities. The integration of digital health and technology is pillar for creating robust healthcare ecosystem
Rana Mehta, Partner and leader healthcare, PwC India