30 Aug 2016

Transforming Healthcare and Making Profits

All conversations surrounding healthcare on the planet today are set either in terms of its universality and therefore the responsibility of the State, or a capitalistic endeavor that competes with all other sectors. The WHO has a broad definition for universal healthcare, referring to national policies that cover a variety of aspects like primary care, end-stage care, improved access, reducing financial risks, and generally improved health outcomes. Though national policies usually define the extent and scope of such services, private sector has a substantial role to play. While I shall stay away from arguing the benefits of healthcare’s universality as defined in terms of a social compact (which would indeed require healthcare to be the State’s responsibility), public policies surrounding this in the developing world are mired in substantial issues.

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