Revitalizing Insurance and Healthcare: Key Recommendations for Budget 2025
As the anticipation builds for Budget 2025, industry experts, healthcare professionals, and insurers are proposing transformative measures to strengthen India's healthcare and insurance sectors. With the rising demand for accessible healthcare and affordable insurance, the government is expected to take bold steps to meet the country's evolving needs.
One of the primary recommendations for Budget 2025 is increasing healthcare spending to 3% of GDP, aligning with global standards. This boost could facilitate the development of robust healthcare infrastructure, particularly in rural areas, and enhance access to quality medical services. Allocating resources for building more primary healthcare centers and improving district hospitals is deemed crucial for closing the urban-rural healthcare divide.
The insurance sector also seeks reforms to improve penetration and affordability. Experts recommend increased tax exemptions for health insurance premiums under Section 80D to encourage greater adoption. Proposals to introduce innovative insurance products tailored to the specific needs of rural populations and small-scale industries are also under discussion.
Digital health and telemedicine, which saw exponential growth during the pandemic, remain focal points. Stakeholders are urging the government to allocate funds for integrating Artificial Intelligence (AI), Big Data, and Internet of Things (IoT) in healthcare delivery. Strengthening the Ayushman Bharat Digital Mission with adequate funding could accelerate the transition to a seamless, tech-enabled healthcare system.
The pharmaceutical sector advocates for policies encouraging local manufacturing under the "Make in India" initiative. Tax incentives and grants for research and development in drug innovation could position India as a global leader in pharmaceuticals.
Finally, emphasis on public-private partnerships is seen as a game-changer for both sectors. Collaborations between private players and government agencies can ensure efficient resource utilization, wider coverage, and sustainable growth.
As Budget 2025 approaches, these recommendations highlight the urgent need to address challenges in healthcare and insurance, ensuring inclusive growth and a healthier future for India.
Source: Live India
#Budget2025 #HealthcareReforms #InsuranceForAll #AffordableHealthcare #DigitalHealth #Telemedicine
#HealthForAll #dseide
As the anticipation builds for Budget 2025, industry experts, healthcare professionals, and insurers are proposing transformative measures to strengthen India's healthcare and insurance sectors. With the rising demand for accessible healthcare and affordable insurance, the government is expected to take bold steps to meet the country's evolving needs.
One of the primary recommendations for Budget 2025 is increasing healthcare spending to 3% of GDP, aligning with global standards. This boost could facilitate the development of robust healthcare infrastructure, particularly in rural areas, and enhance access to quality medical services. Allocating resources for building more primary healthcare centers and improving district hospitals is deemed crucial for closing the urban-rural healthcare divide.
The insurance sector also seeks reforms to improve penetration and affordability. Experts recommend increased tax exemptions for health insurance premiums under Section 80D to encourage greater adoption. Proposals to introduce innovative insurance products tailored to the specific needs of rural populations and small-scale industries are also under discussion.
Digital health and telemedicine, which saw exponential growth during the pandemic, remain focal points. Stakeholders are urging the government to allocate funds for integrating Artificial Intelligence (AI), Big Data, and Internet of Things (IoT) in healthcare delivery. Strengthening the Ayushman Bharat Digital Mission with adequate funding could accelerate the transition to a seamless, tech-enabled healthcare system.
The pharmaceutical sector advocates for policies encouraging local manufacturing under the "Make in India" initiative. Tax incentives and grants for research and development in drug innovation could position India as a global leader in pharmaceuticals.
Finally, emphasis on public-private partnerships is seen as a game-changer for both sectors. Collaborations between private players and government agencies can ensure efficient resource utilization, wider coverage, and sustainable growth.
As Budget 2025 approaches, these recommendations highlight the urgent need to address challenges in healthcare and insurance, ensuring inclusive growth and a healthier future for India.
Source: Live India
#Budget2025 #HealthcareReforms #InsuranceForAll #AffordableHealthcare #DigitalHealth #Telemedicine
#HealthForAll #dseide
Revitalizing Insurance and Healthcare: Key Recommendations for Budget 2025
As the anticipation builds for Budget 2025, industry experts, healthcare professionals, and insurers are proposing transformative measures to strengthen India's healthcare and insurance sectors. With the rising demand for accessible healthcare and affordable insurance, the government is expected to take bold steps to meet the country's evolving needs.
One of the primary recommendations for Budget 2025 is increasing healthcare spending to 3% of GDP, aligning with global standards. This boost could facilitate the development of robust healthcare infrastructure, particularly in rural areas, and enhance access to quality medical services. Allocating resources for building more primary healthcare centers and improving district hospitals is deemed crucial for closing the urban-rural healthcare divide.
The insurance sector also seeks reforms to improve penetration and affordability. Experts recommend increased tax exemptions for health insurance premiums under Section 80D to encourage greater adoption. Proposals to introduce innovative insurance products tailored to the specific needs of rural populations and small-scale industries are also under discussion.
Digital health and telemedicine, which saw exponential growth during the pandemic, remain focal points. Stakeholders are urging the government to allocate funds for integrating Artificial Intelligence (AI), Big Data, and Internet of Things (IoT) in healthcare delivery. Strengthening the Ayushman Bharat Digital Mission with adequate funding could accelerate the transition to a seamless, tech-enabled healthcare system.
The pharmaceutical sector advocates for policies encouraging local manufacturing under the "Make in India" initiative. Tax incentives and grants for research and development in drug innovation could position India as a global leader in pharmaceuticals.
Finally, emphasis on public-private partnerships is seen as a game-changer for both sectors. Collaborations between private players and government agencies can ensure efficient resource utilization, wider coverage, and sustainable growth.
As Budget 2025 approaches, these recommendations highlight the urgent need to address challenges in healthcare and insurance, ensuring inclusive growth and a healthier future for India.
Source: Live India
#Budget2025 #HealthcareReforms #InsuranceForAll #AffordableHealthcare #DigitalHealth #Telemedicine
#HealthForAll #dseide
