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Health Sector in India - Possibilities & Growth

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Health Sector in India - Possibilities & Growth
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Health Sector of India Submitted by: Sweta Pandey PRN: 1302041056 Banbhalang Kharpuri PRN: 1302041012 Taru Bakshi PRN: 1302041058
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Page 1: Health Sector in India - Possibilities & Growth

Health Sector of IndiaSubmitted by:

Sweta Pandey PRN: 1302041056Banbhalang Kharpuri PRN: 1302041012

Taru Bakshi PRN: 1302041058

Page 2: Health Sector in India - Possibilities & Growth

Table of Content

Preview of the health sector of a Country

Background of India’s Health Reforms

What is being done to solve the challenges at hand?

India’s health sector with respect to the top nations in the world

Major challenges for India in the Health Sector

Major Health care deals that has boost the health sector

Strategies

Conclusion

Page 3: Health Sector in India - Possibilities & Growth

•Table of Contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Investment•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

What is included under the health sector?

•Universal Access to basic needs•Providing training & development of health

professionals.• Research & Development• Curb endemics, epidemics and pandemics.• Reducing mortality and the likely disease load (ex: TB, AIDS,HEPATITIS)• Attention to vulnerable areas & sections

.

Page 4: Health Sector in India - Possibilities & Growth

Death rate reduced. Average life-expectancy increased Several deadly diseases have been

eradicated A chain of National Laboratories

and Research Centers Number of hospitals and

dispensaries has increased to 68396.

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

India’s Achievement So Far…

Page 5: Health Sector in India - Possibilities & Growth

Lack of trained doctors, physicians & nurses

Lack of medical infrastructure Health Status and risks Issue of malnutrition Unequal distribution of resources

and issue of low cost but effective medical care

Lack of contribution by the society

Even though there is 100% FDI allowed in the health sector, there is still not enough inflow.

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Investment•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Major challenges for India in the Health Sector

Page 6: Health Sector in India - Possibilities & Growth

• Infrastructure status conferred on healthcare industry

• Budgetary allocation to �healthcare – Rs 37330 (in crores) from Rs 29272 (in crores)

• 40% depreciation.�• Income tax exemption and �

reduce duties.

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Investment•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Action Currently Being Taken To Solve These Challenges

Page 7: Health Sector in India - Possibilities & Growth

• Apollo recently launched a telemedicine service

• India's largest private sector general insurer, referred to another innovative government-sponsored, public-private effort to provide health insurance to India's poor.

•  Rashtriya Swasthya Bima Yojana (or national health insurance program)

• Tata Chemicals recently launched what is called "a water filter appropriate for the needs of the country.“

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Investment•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Health care deals that has boost the health sector

Page 8: Health Sector in India - Possibilities & Growth

Investment refers to the amount of expenditure as a percentage of GDP being directed towards the health sector.

To cater to a population of 1 Billion, it is evident that the amount of investment allocted is not enough. Also, to increase the level of investment, private investment has to be promoted with incentives, tax benefits, etc.

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Investment•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Investment

Page 9: Health Sector in India - Possibilities & Growth

Strategies

Medical Tourism

Retaining the Doctors

Reduction of

Taxes

Infrastructure

Organ Donation

Page 10: Health Sector in India - Possibilities & Growth

Medical Tourism Definition

Strategies Collaboration with the countries top

institutions in health care for training Translators in every hospital Provide transportation system Setting up accounts for convenient

transfer of follow up documents International Village

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Medical Tourism

Page 11: Health Sector in India - Possibilities & Growth

ProsThis can be used as an incentive to develop our

local medical capacities in terms of human as well as in terms of infrastructure.

ConsThis will create diversion of resources in terms

of human as well as material that is available to citizens of our country.

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Medical Tourism (Pro’s & Con’s)

Page 12: Health Sector in India - Possibilities & Growth

Recognition Salaries at par Career development Incentives

◦ Low interest loans◦ Hardship allowance ◦ School Fees for dependenceCollaboration

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Investment

•Strategies •Strategy #1: Medical Tourism•Strategy # 2: Retaining Doctors•Strategy #3 : Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Retaining The Doctors

Page 13: Health Sector in India - Possibilities & Growth

Infrastructure meaning

Strategy: Direct investments into infrastructure. Integrated Data System Give incentives to the private players

to take over for eg. To make Sanitation facilities available in the rural areas; incentives such as tax breaks, etc.

Training & educating regarding family health care, family planning, rain water harvesting, personal hygiene.

Reduce import duty on medical equipments to prompt quality medical infrastructure

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Infrastructure

Page 14: Health Sector in India - Possibilities & Growth

Pros: Improve in health sanitation Increased availability of trained medical staff

and proper sensitization Decrease the burden on few hospitals and

diffuse rush in hospitals Efficiency and quality medical care

Cons Misuse and routing of investments to avail tax

benefits Considering India’s scenario, if not

implemented properly this will lead to chaos Restructuring of hospitals is required to have

efficiency and proper planning which is not always easy to do in India

Profit centric behaviour might be induced

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Infrastructure (Pro’s & Con’s)

Page 15: Health Sector in India - Possibilities & Growth

You too can be a SUPERMAN!

Page 16: Health Sector in India - Possibilities & Growth

UK US Japan India0

5

10

15

20

25

30

% of population willing to donate

Donation in Percentage

Why just 0.08%??

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Organ Donation

Page 17: Health Sector in India - Possibilities & Growth

Pros:• Saving a life Is always a noble act.• Increase in kidney and Liver donation

will help meeting the high demand • Increase in the life expectancy• On having ample supply of organs

through organ donation, the prices of the medical procedures related to organ transplant might come down.

Cons:• Selling of Organs in Black Market• Might influence the doctors to hasten

the death of the patient.

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Increase awareness in organ donation

Page 18: Health Sector in India - Possibilities & Growth

Is there enough society involvement or rather any involvement to help improving the health status?

Strategy: Increase awareness about responsibility

from being a selfish citizen to a selfless citizen.

Sensitization about the possible results of getting involved and benefiting the masses.

Where the society functions as an individual unit performing the responsibility of contributing to the development of the society in various aspects. For example: Taking the initiative of feeding a malnourished child / concept of soup kitchen as in the US

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Society Integration with the cause

Page 19: Health Sector in India - Possibilities & Growth

Pro’s The society as whole grows as a well

integrated system The burden with the government is

shared leading to change and upliftment at a rapid pace.

Collective responsibility spreads a feeling of brotherhood.

Cons :Society is not willing to divert their time and resources as they do not consider this to be their responsibility.Chaos

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Society Integration

Page 20: Health Sector in India - Possibilities & Growth

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Where are we heading now?

0.00%

200.00%

400.00%

600.00%

800.00%

1000.00%

1200.00%

Series3U.S.AIndia

Page 21: Health Sector in India - Possibilities & Growth

Increase concentration on health & education.

Better comprehensive plan

Encourage participation of society towards health sector

Create awareness

•Table of contents•Preview•India’s achievements so far•Major Challenges•Action currently being taken to solve these challenges•Major health care deals boosting the economy•Strategies •Strategy #1: Medical Tourism•Strategy #2: Investment •Strategy # 3: Infrastructure•Strategy #4: Organ Donation •Strategy #5: Society Integration•Where are we heading now?•Conclusion

Conclusion

Page 22: Health Sector in India - Possibilities & Growth

Thank You !

Page 23: Health Sector in India - Possibilities & Growth

HEALTH CARE IN INDIA - VISION 2020 : ISSUES AND PROSPECTS R. Srinivisan

http://www.who.int/countryfocus/cooperation_strategy/ccsbrief_ind_en.pdf

http://data.worldbank.org/indicator/SH.XPD.TOTL.ZS/countries/IN?display=graph

Health Infra: by A. Kumar, S. Gaurav The Economic Times, 13.02.2013 OECD Report,2010 The Daily, New York Times – Organ

Donation

Bibliography


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