SHORT QUESTIONS. give an account of the position of health care services in India ? Discuss
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Answer:
A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute. He enjoys the power of setting the price for his goods
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Explanation:Healthcare is also one of the biggest sectors in India- with regard to revenues and employment. Healthcare includes medical devices, hospitals, outsourcing, clinical trials, medical tourism, telemedicine, medical equipment, and health insurance. In addition to its increasing coverage, services and expenditures by the public as well as private sector, the Indian healthcare sector is increasing rapidly.
The competitive advantage of India lies in a broad pool of highly qualified physicians. In comparison with its peers in Asia and western nations , India is also competitive in costs. In India, the cost of surgery is around one-tenth that in the United States and Western Europe. The accessibility and quality of healthcare ranks 145th in India among 195 countries.
However there is rural-urban imbalancewith regard to healthcare services which hampers access to healthcare services. In rural places, the accessibility is comparatively lower when compared to urban areas.
Also public healthcare services offers poor quality care. The reason for the poor quality care of the public health care system is Distance to PHCs, Sub-centers (SCs), and Community Health Centers (CHCs). Shortage of Hospitals and hospital beds and trained physicians such as doctors and nurses are the causes that public healtcare system is not that good