Think beyond health insurance4 min read 30 Mar 2015, 04:06 PM IST
Medical savings accounts present an attractive and unique alternative for financing healthcare in India
Budget 2015 was creative on several dimensions but fresh thinking was completely missing in health financing. This budget, like several in the past, reinforced insurance as the strategy for health financing in India. As the experience of many countries has revealed, this is a perilous path which will take India towards an inefficient and sticky equilibrium, one which is difficult to get out of.
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