The government and private players need to work together in healthcare sector to increase affordability of medical services as rising cost impacts access to patients, experts said Tuesday.
Arun Mitra, core committee member of the Alliance of Doctors for Ethical Healthcare, suggests that the government should take steps such as 'one drug, one price' formula, strengthening of National Pharmaceutical Pricing Authority (NPPA) and public sector units in pharma sector.
These steps would help increase access to affordable medicines to all people, he said at a roundtable meeting on 'Cost of Life Saving Medicines - Is there a way out?', organised by startup Straight Drive.
Mitra also emphasised on the need to boost expenditure on R&D by the government on medicines.
Priti Nanda Sibal, Founder, AB Hospitals and Mediskool Health Services, said the government should involve all the stakeholders while taking decisions on price regulations for medicines.
"Multiple pillars are involved in this segment and they have to come together to promote the growth of the sector," she said.
"Steps should be taken to reduce cost of medicines and increase afffordability in the healthcare sector," she said adding the private sector should be transparent in telling the cost of cure to patients.
"On the other hand, the private healthcare sector would have to be transparent in their pricing. Licensing and approval of drugs through the regulator should be made more stringent based on scientific data ," he said.
He added that there is an urgent need for the government to focus on improving primary healthcare centres in the country.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)