INDIA
DRUG PRICES NEED STREAMLINING FOR AFFORDABLE HEALTHCARE
PROFIT MARGIN HAS TO BE BASED ON ACTUAL COSTS
2017-07-21 11:55
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In the National Health Policy (NHP) 2017 document the government has admitted that every year nearly 6.3 crore people go below poverty line because of out of pocket expenditure on health. About 70% of this expenditure is on drugs and other consumables alone. There has been talk of producing cheap bulk drugs, use of drugs under generic names and also there have been fixation of price of some medicines by the government and opening of fair price medical shops. But the issue still remains as before. The government also admits that the public spending on health is very low. Therefore it is important that the issue is addressed seriously and in right spirit.