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Sectoral regulator for healthcare sector must be seriously considered, suggests Economic Survey The survey, presented by Finance Minister Nirmala Sitharaman on Friday, January 29, favoured such a body, noting that it is pertinent as regulation has grown in importance as a key lever for governments to affect the quantity, quality, safety and distribution of services in health systems BusinessToday.In | January 29, 2021 | Updated 15:45 IST The Economic Survey is a flagship annual document that reviews the development of the country's economy over the past year and provides an in-depth preview...

Economic Survey 2021 highlights need for healthcare sector regulator On the lines of banking and finance industry - that mitigates the information gap through credit rating agencies and credit bureaus, the Economic Survey suggests creating agencies to assess the quality of the healthcare providers – both doctors and hospitals; and patients. January 29, 2021 / 03:47 PM IST The Economic Survey 2021 has highlighted the need for a healthcare regulator to undertake regulation and supervision of the sector. "Given the information asymmetries that make unregulated private enterprise suboptimal...

Economic Survey recommends creation of a regulatory body for the healthcare sector SECTIONS Last Updated: Jan 29, 2021, 08:35 PM IST Share Synopsis It said that since the bulk of healthcare in India (74 percent of outpatient care and 65 percent of hospitalisation) is provided through the private sector in urban India, it is critical for policymakers to mitigate information asymmetry in healthcare which creates market failures. Watch: CEA Subramanian decodes Economic Survey The Economic Survey has recommended creation of a regulator with a view to undertake regulation and supervision of health...