Budget Reaction: Health ( Fortis Healthcare, Omega Healthcare)

healthcare specific budget reaction from Fortis Healthcare and Omega Healthcare.

Faceinews Logo - Copy

Mr Bhavdeep Singh, CEO, Fortis Healthcare, said, “We welcome the Hon’ble Finance Minister’s announcement today on two new healthcare programmes. Under the Flagship National Healthcare Protection Scheme, 10 crore people will be covered, reaching almost 50 crore beneficiaries, through a coverage of up to Rs 5 lakh per family per year. This will be the world’s largest government-aided programme. It is also heartening to note that under the Ayushman Bharat Scheme, Rs 1200 crore has been set aside for the launch of health and wellness centres across the country and around 1.5 lakh centres will provide free essential drugs, diagnostic, maternal and child services. The private sector has also been called upon to contribute to this though CSR and philanthropic activities. In addition, Rs 600 cr is being provided to give nutritional support to TB patients during treatment at Rs 500 per patient per month. Most importantly, to meet the existing shortage of doctors and healthcare professionals in the country, 24 new government medical colleges and hospitals will be set up by upgrading existing district hospitals. All this is good news for the healthcare sector and Fortis Healthcare will offer complete support to the Government to make these a success.”

Guruvayurappan PV, Senior Vice President & Head – Human Resources,

Omega Healthcare Management Services Pvt. Ltd.

“The finance minister unveiled that 500 million poor and vulnerable citizens will get insurance cover of as much as Rs 5 lakh each under a National Health Protection Scheme. This insurance scheme is billed as world’s largest government-funded healthcare programme which would be an eye opener in the insurance industry and will welcome global insurance companies to invest in our country. The initiative will help make healthcare services accessible and affordable. There will be a rise in number of healthcare insurance companies who would need further support from healthcare outsourcing firms. With increased medical claims and billing amendments required, the role of healthcare KPOs becomes crucial. Also, it will help in the creation of jobs in the healthcare insurance sector to further add to employability ratio in the country.”