Tuesday, October 30, 2012

INDIA: INFANT MORTALITY

India’s infant mortality rates continue to be shockingly high

Most surprisingly, the diseases that kill these children are curable and in fact, easily treatable. The real killers are inadequate healthcare services and lack of awareness in poor parents on how they can keep their children safe from such diseases. Public healthcare infrastructure falls way short, and private health services are still exorbitantly expensive. Health insurance could be a welcome solution, but there are significant caveats involved.

Just about 8% of the Indian population is covered by government health insurance schemes (and that’s 62 years after independence) and just 0.5% by private health insurers. Only 4-5% people are voluntarily taking up health insurance in India (as per IRDA); which means that a massive 95% is either unaware of the existence of such a cover or not sensitised enough to its true benefits. Due to these multiple issues saving our children continues to be a mammoth challenge, which the government and private companies have to meet together.

Source : IIPM Editorial, 2012. An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

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