It is very easy to increase costs. The challenge comes when you have to answer question
“Is it possible to reduce health care costs?”
The truth is yes, it can be reduced if Tiger biscuits can be produced packed transported & then sold at retail level at Rs.50 per kgm by a reputed company Brittania- then why it is not possible to reduce costs when it comes to Health care.
In health care economies can be achieved by
(a)Standardision on design of hospitals
(b)Standardisalon on equipments to be procured/ installed
(c)Use of generic medicines vs branded medicines
(d)Effective procurement of equipment/medicines by hospitals forming consortium
We are sure the cost can be brought down by 25% and the benefit can be passed on to the consumers.
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