Budget 2017 wishlist: Expectations from the healthcare sector

Health care services to be exempt under the new GST regimen, says Rana Mehta

Sector size

$110 bn (2016)
 

Employment figure

4.2 mn (2016)
Source: PIB.nic.in 
 

Contribution to GDP

4.7% of GDP is spent on healthcare 
Source: World Bank.org

 

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Key issues or areas of concern for each sector
 

1. Need for introducing universal health care coverage with due weightage to quality of care delivered
2. Growing burden of non-communicable disease

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Sector demands
 

1.Viable reimbursement models for the private sector  
2.Ensure GST is not applicable to health