Experts hope the marginal increase in health sector allocation will translate into higher public spending reducing out-of-pocket expenditure of individuals
While out-of-pocket expenditure in India has reduced from 64.2 per cent of the total health expense in 2014 to 48.2 per cent in 2019, Indians still spend a substantial amount on medical care. The Parliamentary Standing Committee on Health and Family Welfare (2022-23) noted that India ranks 176 among 196 countries in terms of the percentage of current health expenditure out of pocket.
SOURCE – India Today
