Business opportunities for MSMEs in health care services
Updated: Aug 28, 2014 11:39:43am
“The MSME sector will be given special advantages because government will become the biggest marketplace for buying and selling of health care goods and services,” he said speaking at the 8th Health Insurance Summit, organised by the Confederation of Indian Industry (CII).
The minister said the country’s health care sector is set for unprecedented growth as Narendra Modi government’s Universal Health Assurance (UHA) programme will cause an explosion of demand by making medical treatment affordable for the millions who have been excluded for the past seven decades by prohibitive costs.
He added that committees have been set up by the government for best possible academic, administrative and technical experts on public health, institutional strengths and weaknesses and health insurance.
Vardhan also emphasised the benefits in terms of business and employment opportunities for private sector hospitals and clinics.
“Already private hospitals and nursing homes are welcoming patients covered by the Rashtriya Swastha Bima Yojana (RSBY) because government backed insurance is translating into higher footfalls. Once UHA kicks in, the implications will be much more salutary,” he said.
He cautioned the private sector of the high benchmarks for transparency, quality and consumer protection in the evolving UHA.
“Anti-competitive practices and consumer rights violation will be dealt with through a regulatory body,” he said.
Vardhan disclosed that the government has already firmed up plans to give medical education a fillip.
As far as possible existing district hospitals all over India would be provided with funds to add medical colleges to their campuses, he said. (KNN/ST)