The budget notably missed out on drawing attention to the accessibility factor in the Indian health system. India currently follows a single-payer system, relying heavily on its taxation system. A multi-payer system, on the other hand, compromises this control for better competition, heightened innovation and greater ability to meet the diverse preferences of beneficiaries. The multi-payer system ticks all the right boxes as far as Indian healthcare requirements are concerned. With rising healthcare costs, a multi-payer system unquestionably fits the bill.

Source: Mint February 19, 2017 18:05 UTC