Healthcare financing in India
The growing out-of-pocket expenditure must be curtailed to enable a healthy society that is geared towards holistic development.
Healthcare spending in India for 2014 stood at about 4.7 per cent of its GDP, which is 75 USD per capita. Of this, the Government Health Expenditure (GHE) is 30 per cent. A majority, 62 per cent of healthcare expenditure, is the household out of pocket expenditure (OOPE). Prepayments towards risk pooling arrangements or health insurance are low. Household premiums for private health insurance are three per cent of the Total Health Expenditures (THE). Social health insurance expenditures (which are included under the government health expenditures) occupy about six per cent of the THE.