NATIONAL HEALTH ACCOUNT ESTIMATES - POLITY

News: What the latest National Health Account figures say about India’s healthcare sector

 

What's in the news?

       There has been a consistent increase in government spending, coupled with declining out-of-pocket expenditure by people on their healthcare needs, shows the National Health Account Estimates 2019-20, which was released earlier this week.

 

Key takeaways:

       The government spent 1.35 percent of the country’s Gross Domestic Product (total value of the final goods and services in a year indicative of a country’s economy) on healthcare during the year, bouncing back from a slight drop seen in 2018-19 as per the report.

 

National Health Account Estimates:

       The health account estimates describe the country’s total expenditure on healthcare – whether by the government, private sector, NGOs, or individuals – and the flow of these funds.

 

Main Findings of the Report:

1. Increasing government spending:

       The government spending on healthcare has been on the rise.

       The money spent by the government on healthcare as a percentage of GDP has increased from 1.13 percent in FY 2015 to 1.35 percent in FY 2020.

       The per capita health spend of the government in this period has increased from Rs 1,108 to Rs 2,014.

       The government’s share in the total money spent on healthcare in the country went up by a 12.4 percentage point between FY 2015 and FY 2020, increasing from 29 percent to 41.4 percent.

       However, India is in 164th place out of 184 countries in terms of government health spending.

2. Reducing out-of-pocket expenditure:

       Money spent by people from their own pocket on healthcare has been going down to 47.1% from 62.6% due to increasing government's spending.

3. Increasing spending on primary sectors:

       A major chunk of the government’s health spend was in the primary sector.

       Out of the total spending by the government on healthcare in FY 2020, 55.9 percent went to primary care, 29.6 percent went to secondary care, and 6.4 percent went to tertiary care.

4. Increasing social security expenditure:

       There has been a consistent increase in social security expenditure by the government, which increased from 5.7 percent of the total spending on health in FY 2015 to 9.3 percent in FY 2020.

5. Increase in spending on insurance:

       Along with an increase in government spending, the report shows that there has been an increase in spending on privately purchased health insurance as well.

       Privately purchased health insurance increased to 7.72 percent in FY 2020 from 3.9% in FY 2015.