&w=1200&q=75)
India's Government Health Spending Surges, Household Costs Decline: NHA Report
India's Health Spend Triples, Out-of-Pocket Costs Drop: NHA Report
Image: Asianet Newsable
India's National Health Accounts report for 2022-23 reveals a significant increase in government health spending, tripling from ₹1.30 lakh crore in 2013-14 to ₹3.85 lakh crore. Concurrently, out-of-pocket healthcare costs for households have decreased sharply, indicating improved access to healthcare services.
- 01Government Health Expenditure (GHE) rose from ₹1.30 lakh crore in 2013-14 to ₹3.85 lakh crore in 2022-23, marking a nearly threefold increase.
- 02Out-of-Pocket Expenditure (OOPE) as a share of Total Health Expenditure dropped from 64.2% in 2013-14 to 43.4% in 2022-23.
- 03The share of GHE in Total Health Expenditure increased from 28.6% to 43.7% over the decade.
- 04Social Security Expenditure on health rose from 6% to 9.9% of Total Health Expenditure between 2013-14 and 2022-23.
- 05Private health insurance's share in Total Health Expenditure increased from 3.4% to 9.2%, reflecting greater awareness and purchasing capacity.
Advertisement
In-Article Ad
The National Health Accounts (NHA) report for 2022-23, released by India's Union Ministry of Health and Family Welfare, highlights a transformative shift in the country's healthcare financing. Government Health Expenditure (GHE) has surged nearly threefold from ₹1.30 lakh crore in 2013-14 to ₹3.85 lakh crore in 2022-23, increasing its share of Gross Domestic Product (GDP) from 1.15% to 1.43%. This increase indicates a stronger prioritization of health in public spending. Concurrently, Out-of-Pocket Expenditure (OOPE) has significantly declined from 64.2% to 43.4% of Total Health Expenditure, attributed to enhanced public health initiatives and financial protection measures. The report also notes that Social Security Expenditure on health rose to 9.9% of Total Health Expenditure, while private health insurance coverage has expanded, reflecting improved awareness and financial capability among the population. Overall, these trends underscore a consistent strengthening of India's public healthcare financing system, particularly accelerated during and after the COVID-19 pandemic.
Advertisement
In-Article Ad
The increase in government health spending and decrease in out-of-pocket costs are likely to enhance healthcare access for Indian households.
Advertisement
In-Article Ad
Reader Poll
What do you think about the increase in government health spending?
Connecting to poll...
More about Union Ministry of Health and Family Welfare
Read the original article
Visit the source for the complete story.