Ad Here  
March
April
May
June
July
August
 
 
Bihar – Nitish Kumar adopts the Lalu model Adapt Vajpayee dinner diplomacy There was flood of milk. Reason: no milk commissioner! Medical costs hit the roof... Sweeter prospects for sugar Five star activism stalls development activity Return to king coal for urea... Demise of a media baron... Robber barons everywhere Strengthen the base... Convulsions in The Hindu Focus on quality of power - its only around 170-180V Building loyalty through the stomach Delhi is distant New IT products of Ramco in the pipeline… Quality silica from Neyveli Valli, they are more marginalised Multi-faceted Venkat Engineering seats go abegging Cement prices continue to rise… Welcome changes that testify to Jayalalithaa’s return to health Tatas moving out of urea production... No engine for this car Tough task taking states together Cleaning Ganga – relocate tanneries and install electric crematoria Airlines in India: cost and space Small units prefers to remain small... A Grand Finale for SN’s MS centenary at the US… A professional at the helm of IRDA... CSR and CMI: promise of another Srinivasan Ramanujan... Rahman at CIC TIAM turns a full cycle A friendly business group A Grand Finale for SN’s MS centenary at the US… Don’t seem to feel the pulse… Pharma – overdose of copying Permanent secretariat for TN GIM London, London Narayan Boy, can you beat these? The rise and fall of Annamalai University Editor's Notes Modi storms Silicon Valley Welcome thrust on trade in Modi’s foreign visits... Insurance companies bleeding, yet no decision on increasing FDI limit! Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai SoA @ 80 Tax agriculture Recognition to role of NBFCs.... S V Raju – a ‘good’ true liberal Road development slows down Padma Bhushan for A Ramakrishna Marketing expert Balagopal is no more Come elections, come advertisements... Haul over the coal Measuring roof tops in terms of KW/MW No mega rail project for Tamil Nadu Infrastructure funding – lessons learnt Naidu will soon build a new Hyderabad Colour-Chem’s colourful KRVS Another Indian music maestro at the UN IPL type auction for VCs? Funding the un-funded Where is Rajaji? Mersal magnified IPL - no surprise this scam to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines A C Muthiah – his munificent bequeaths to science Towards speedy justice Increasing non co-operation of state leaders Revive development banks... Lalu’s envy, India’s pride For whom the bell tolls? WTO Meet: resolved to meet again Align crops to agro climate endowments… Shale gas and its shallow future Plummeting profits of PSBs MHC should not return to its old indisciplined ways TGS- The king storyteller TN accounts for the largest recruits by the IT sector Making ‘my Amaravati’... Odisha: spectacular win by Naveen Patnaik Adharma of opposition politics The star of Spencers is no more The Gulf aviation boom Banning booze... Tihar, Puzhal not different from Parappana Agrahara Reliance’s TV – 18 ready to launch Tamil News Channel Kudos to NDTV... Delhi is distant… A welcome initiative by the judiciary B H Kothari - a tribute Breaththrough in malaria control Bihar elections - the Rajaji formula worked Naidu’s return augurs well for Seemandhra S Ramanathan – a versatile musician, musicologist Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated A rich pool of talent not utilised…. Protest masters... The ‘Ayyo-yes’ is no more When Ratan Tata visited SRM Noble nonagenarians... Contrarian cousins Fortune for Indian Airlines More Shakthi to Das’ elbow Poor quality of university VCs Computation of GDP – conundrums continue Shanti and Sadhana through Music When small is no larger beautiful.. Rs.1600 crore paper board plant of TNPL The brown list of Venkitaramanan Maximising the micro pricing … Why this malaise in medical education? More heat than light Fortune 500 review For whom the MIDS bell tolls? L&T- the specialty of special purpose vehicles The sea- saw battle continues... Parliament in paralysis... Music happens Welcome focus on core competence Quality education through the PPP mode All eyes on Sankara Nethralaya GM Technology at last! The Ports’ Pasha expands into Tamil Nadu An informal presentation - analytical, forward locking... Nuclear power at the nucleus EVM is tamper-proof When the President was rendered homeless… Solar thermal shines… The ‘Jayanthi Tax.’ A proud Madrasi Put expensive assets created to use... China invests in India L&T: focus on infrastructure and more infrastructure… Vibrant Gujarat Online not in line with brick and mortar businesses... The Swadeshi Trump EEC at the National Media Centre CII projects higher growth… Mu Sigma – is no more Fall in crude prices help in oil sector reform Tribute – M V Murugappan The power-full Hindujas Should we change the official year? When nations steal growth from one another… Build close rapport with business leaders The few handicaps... PPP mode for upgrading Corporation Hospitals Dr C Rangarajan returns to Chennai Tribute – UCAL Selvan… Discoms deserve better… Wise Presidents This scant respect for Law Silver Years of Madras Musings Not just in-laws (and outlaws); they’ve renowned academics at the helm! West Bengal: mindless malignancy Wanted: a second airport for Chennai An inexplicable neglect Cutting the nose to spite the face Eternal support for capitalisation of PS banks …and of a popular trade leader When TN politicians can emulate Kerala's CRS, a jewel among managers, is no more. GNS - 100: our first subscriber Streamlining mandatory third party cover Solar, solar everywhere … Intellectual of rare qualities Where a state respects its litterateurs… TELANGANA at last…BUT He continues the focus on social amelioration Inflation: are we emulating Argentina and Brazil? A glass full of corruption PC’s preference for professionals Land reclamation from sea appears cheaper! The why of tax incentives How Air-India loses customs... Remembering Indira Sivasailam... Russi Mody – a tribute Air Asia India will set new benchmarks for budget travel Tribute – Manikam Ramaswami The nuclear option Whistle-Stop Tour of Raghuram Rajan Fuel for thought Sweet news for TN sugar mills An enemy’s enemy is a friend Shaming of Tamils by Tamil farmers at Delhi R Sridhar steps down as CEO of Shriram Capital Things happen by accident and not by design... He saved millions from starvation... Secularism and anti-Hinduism Revving up the manufacturing sector IAS invades NDDB... More tributes to GR Shipping woes of Chennai companies Liberal imports idling indigenous capacities Of course, Gujarat is vibrant TN-leverage strength of BHEL, NLC... Muffled voices for merit… Delhi Chalo... Auto components surge… Readers' Mail Preserving for the future TN – agglomerate land holdings without alienating ownership F C Kohli - his concerns all embracing Limit foreign borrowings to hi-tech, export potential projects... The Jan Dhan bonanza Welcome GST Tatas moving out of urea production... Modi and the lady Like Hinduism: many paths to reach God... Telangana in top gear… Paytm karo... Godspeed, Chief Minister JJ Polls and promises Tribute ONGC at KG Basin More Shakti to resource mobilisation... Poor representation for Kerala and TN in Cabinet A think tank for Chennai Diamond jubilee of Egmore Samskrt School A more liberated TN… Scientists urged to take up farmer-oriented research Gay abandon in pricing Excel Generators provide the vital back-up No Maha Koottani in TN... A yen for wastage… Which side are you, Montek? Waning interest in public discussions… The balancing act CIPET hqrs to stay at Guindy – for the present? Kulandai was a giant Why land prices zoom in TN? Moily’s bold thrust Lesson from Chandrababu Naidu When online building permits work…. Delhi returns to BJP Make standards certification mandatory... Sri Lanka votes for change The rise and rise of KCP Editor's Says Alexa – Talking Wikipedia Kinetic Karnataka Gas is the way forward Roaring Ro-Ro facility
 
Medical costs hit the roof...

High prices of cement. Huge rise in housing prices. Soaring prices of PVC and a wide range of plastics products when oil prices on which these are based have dropped drastically. A crash in rubber prices contrasted with soaring tyre prices. India has been witnessing unhealthy, oligopolistic trends. These hurt the consumer, arrest growth and deny the fruits of competition to the average citizen.

This is witnessed even more acutely widely in the healthcare sector. The entry of corporates into the healthcare sector three decades ago, triggered by Apollo Hospitals’ P C Reddy, has helped bring world class healthcare facilities to India. Multi-specialty hospitals in metros and even Tier II cities vie with one another in offering quality healthcare. Speciality and super speciality hospitals abound. These cater to the requirements of the vast range of illnesses from cardiac problems to diabetes to eye care, hearing problems to skin diseases, dental problems, et al. These have substantially reduced the need to go abroad for treatment. Large hospitals like Sankara Nethralaya conduct surgeries on the lines of assembly lines of automobile factories.

In line with these a large number of support services have developed like diagnostic centres, scanning services, pharmacies, secondary level 24x7 clinics, blood banks, dialysis centres...

There is again a higher degree of sophistication in medical devices and hundreds of synthetic and artificial parts that are widely used. These have helped in quality medicare and the relief they provide from suffering.

All these are welcome. Sadly, however, costs have been ballooning. Pioneers like P C Reddy explain it away on the costs of implants, a vast range of surgical material, medical devices and the increasing range of expensive diagnostic machines that are imported.  With increasing sophistication of these replacements with higher efficiencies involve ever larger funding. There is the compulsion to generate resources to service the capital, to reward investors and for making fresh capital expenditure.

With increasing longevity and rise in prosperity, demand for better healthcare has been on the rise; over the past decade, health insurance, especially by the middle classes and above, has been expanding.

However, there is the concern over costs. Surveys point to large sections of the population incurring huge expenditure on surgeries and treatment that take them to the point of bankruptcy and penury. It has become urgently necessary to make concerted efforts to contain costs.

 

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com