Modicare: India's New Healthcare Approach
Back in February of this year, India came out with a new health insurance approach in which they hope to help those who struggle to afford medical care. The name of this program is ‘Modicare.’ Currently, India possesses around 500 million people who cannot afford healthcare, and spends a little over 1% of its GDP on public healthcare. For comparison, the United States spends about 18% of its GDP on healthcare based on https://www.cms.gov . Also, India’s private healthcare system currently runs mostly unchecked, often leaving the poor easily exploitable and forced to face an environment full of hostility. Because of these issues, this proposal is suspected to be popular among rural voters. According to Finance Minister Arun Jaitley of India this idea “will be the world's largest government-funded healthcare programme." However, it is unclear as to where the government will find enough funds for this program currently, and people are unsure as to how...