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price capping

Price capping: A necessary policy?

March 7, 2020 By Nicholas Parry Leave a Comment

Jan Aushadhi illustration - affordable, generic medicines concept. Medical debt illustration.

India’s public health system must grapple with a number of widespread diseases. This state of affairs necessitates that some essential medicines be price-capped according to a recent report.  ‘Medicines in India: Accessibility, Affordability and Quality’, published by the non-profit research organisation Brookings India, describes “price control” as “a double-edged sword.” The report’s co-authors, researchers David […]

Filed Under: Access to Healthcare, Featured, Government policy, National, News Tagged With: price cap, price capping

OpEd: A Balanced TMR to Address Healthcares Twin Aspects of Affordability and Quality

November 7, 2019 By Bhabesh Hazarika 1 Comment

health budget Copyright: waelkhalil / 123RF Stock Photo

One of its fastest-growing sectors, India’s healthcare industry is expected to cross the US$372 billion mark by FY 2022. Increase in private investments since the government allowed cent percent foreign direct investment (FDI) in medical devices is seen as one of the policy decisions strengthening India’s dream of having a niche in quality care delivery.  […]

Filed Under: Access to Healthcare, Featured Story, Medicine and Research, National, News, Opinion, Science and Technology Tagged With: industry, Medical devices, price capping

Price capping: Boon or bane to health innovation?

October 13, 2019 By Nicholas Parry Leave a Comment

Jan Aushadhi illustration - affordable, generic medicines concept. Medical debt illustration.

Cardiac stents were arguably the initial focal point of price capping measures initiated by the Centre. While the move was initiated to bring down the cost to the consumer, its actual impact on medical costs and devices’ quality is contentious.   The decision to cap the price of cardiac stents was made following the release […]

Filed Under: Access to Healthcare, Featured, Featured Story, Government policy, National, News Tagged With: price capping

Stents given to patients when unnecessary?

August 10, 2019 By Nicholas Parry Leave a Comment

Medical device - Stent Image ID: 72283970 (L). Unsafe medical devices such as stents (pictured) would incur a penalty of Rs 1 crore per a draft bill by Niti Aayog. Image credit: RAJESH RAJENDRAN NAIR / 123rf

New technologies have shown that in around thirty percent of patients cardiac stents are entirely unnecessary, according to cardiologist Dr Ramesh Babu Pothineni, the managing director of Ramesh Hospitals Group. Cardiac stents have been a matter of contention in recent years in India, primarily due to them being the focal point over the capping of […]

Filed Under: Access to Healthcare, Featured, News, Noncommunicable diseases, Science and Technology Tagged With: cardiac stents, price capping, Stents

Price capping devices and drugs: Hospitals express concern

June 29, 2018 By Nicholas Parry Leave a Comment

Copyright: leaf / 123RF Stock Photo

The Delhi government has made price capping proposals in the health sector. The measure has won the support of 85 percent of Delhiites as per a recent poll. However, it has also provoked criticism from hospitals — in particular private institutions — due to the potential for massive reductions in their profit margins. The move […]

Filed Under: Access to Healthcare, Featured, Featured Story, Government policy, National, News, Science and Technology, Social issues Tagged With: access to healthcare, Medical devices, price capping, Private hospitals

India defiant in US dispute over price capping

June 28, 2018 By Nicholas Parry Leave a Comment

Copyright: tanyar30 / 123RF Stock Photo

India has responded to US criticism of the price capping of medical devices with defiance. It is refusing to abstain from continued price regulation. India received a specific mention in the US Special 301 reports from the National Trade Estimate Report on Foreign Trade Barriers (NTE) regarding the price capping. The report identifies India’s National […]

Filed Under: Access to Healthcare, Featured Stories, Government policy, International, News, Science and Technology, Social issues Tagged With: access to healthcare, cardiac stents, Donald Trump, Medical devices, price capping, US

US and India’s relationship souring over price capping?

April 17, 2018 By Nicholas Parry 1 Comment

Just a few months ago the relationship between India and the US was touted by President Donald Trump as having “never been stronger”. Will India’s policy of price capping medical devices sour this relationship? The US Trade Representative (USTR) is reportedly considering revoking the special tariff with India if it continues to implement price caps […]

Filed Under: Access to Healthcare, Featured, Government policy, International, News Tagged With: access to healthcare, access to medicines, Donald Trump, drug prices, price capping, US

Drug producers to be required to display manufacturing cost

December 11, 2017 By Nicholas Parry Leave a Comment

Concept of medical costs in India, Copyright: multimedia / 123RF Stock Photo

In a move that is already causing distress amongst pharmaceutical companies, India’s Health Ministry is putting in motion requirements for all drugs to display the manufacturing costs on the label. This would bring not only the costs of manufacture, but the assumed profit margins of the medication into the public domain. The Central Drugs Standard […]

Filed Under: Access to Healthcare, Featured, Government policy, Medicine and Research, National, News, Social issues Tagged With: drug prices, price capping, Stents

US intervention in price capping

December 3, 2017 By Nicholas Parry Leave a Comment

Copyright: tanyar30 / 123RF Stock Photo

The US seems intent on stopping  the Modi administration extending price caps on medical device. The US has outright requested the Indian government to not extend the caps said a US trade official in discussions with Reuters. There has also been a request that, should companies based in the US no longer wish to provide […]

Filed Under: Access to Healthcare, Featured, Government policy, International, Medicine and Research, National, News, Social issues Tagged With: price capping, Stents, US

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