New Delhi: India had one of many highest out-of pocket (OOP) health expenditures as a proportion of complete health expenditure amongst main economies in 2024, despite a decline from over 60 per cent in 2014 to beneath 40 per cent estimated in 2024.
On the similar time China’s OOP share dropped barely from over 36 per cent to 32 per cent over the identical interval.
HEALTH PROTECTION GAP
- Widened by 21 per cent since 2017 in rising Asia.
- China alone accounts for practically half the area’s hole
- Key Downside: Rising medical costs from 2017
- Causes:Gaps in protection and entry
2024
- Extra Indian households skilled issue in affording medical costs
- Despite initiaitives like Ayushman Bharat (2018) and numerous state insurance coverage schemes, gaps in protection stay in India
- Low disposable incomes and insufficient public health infrastructure go away uninsured households weak
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