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63 million people faced with poverty due to healthcare expenditure

63 million people faced with poverty due to healthcare expenditure

by The Daily Eye Team January 7 2015, 2:52 pm Estimated Reading Time: 0 mins, 36 secs

A whopping 63 million people are faced with poverty every year due to “catastrophic” expenditure over healthcare which neutralises the gains of rising income and various government schemes aimed to reduce poverty, according to the Health Ministry. The draft of National Health Policy cites this as a significant reason for a new health charter as it seeks to ensure universal access to affordable health care. “Incidence of catastrophic expenditure due to healthcare costs is growing and is now being estimated to be one of the major contributors to poverty. The drain on family incomes due to healthcare costs can neutralise the gains of income increases and every government scheme aimed to reduce poverty.

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