Seventy per cent of India’s population have no health insurance and the country is short by 2 million beds compared with the global benchmark, according to a whitepaper released by a leading health sector body.
The report ‘Aarogya Bharat 2015’, released by NATHEALTH today, stated that India requires US$ 3 trillion in cumulative funding and has the potential to generate 15 to 20 million jobs by 2025.
NATHEALTH has been created to improve access and quality of healthcare and has leading Healthcare, Medical Technology, Diagnostic service providers and Health Insurance Companies as stakeholders.
“This ‘while paper’ is an effort to drive thought leadership as we move towards a healthier, ‘Aarogya’ India over the next decade. Total spending on healthcare is anticipated to reach about 6 per cent of GDP by 2025.
“Private insurance is expected to grow at a compounded annual rate of about 25 per cent to cover the top 25 per cent of the population, by income level. Public insurance will provide essential care to 60 per cent of the population by 2025,” said Shivinder Mohan Singh, President of NATHEALTH.
Read More at: ET