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India Wants to Give Half a Billion People Free Health Care

nytimes.com

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Re: India Wants to Give Half a Billion People Free Health Care

#3
post #2

Indian regime should impose 30% Inheritance Tax to fund the free healthcare

Your rate is stupid and so is the idea. Those who are rich will get away without paying, just like here. Those who need money will end up paying.

Remember all these tax the rich schemes tax anything but the rich

Re: India Wants to Give Half a Billion People Free Health Care

#4
I just hope it works very well because it seems every year there is one new populist measure. There is already:

a. Food Security which provides food to nearly 2/3rd of the population or 820 million people.

b. Minimum Support prices for grains which was hiked in this budget. Farmers also get loan waivers.

c. National Rural Employment Guarantee which provides employment to over 100 million people

Re: India Wants to Give Half a Billion People Free Health Care

#5
post #4

I just hope it works very well because it seems every year there is one new populist measure. There is already: a. Food Security which provides food to nearly 2/3rd of the population or 820 million people. b. Minimum Support prices for grains which was hiked in this budget. Farmers also get loan waivers. c. National Rural Employment Guarantee which provides employment to over 100 million people

It's not a populist mesaure. You need this while you find a way to modernize agriculture practices so that the 60% who depend on farming won't have tough times.

Also, there's enough money for all these schemes while still maintaining a decent fiscal deficit. What has to be worked on is the delivery of these. For better or worse linking Aadhar to bank accounts and delivering the benefits directly into the bank accounts helped to certain extent.

Re: India Wants to Give Half a Billion People Free Health Care

#6
post #3
post #2

Indian regime should impose 30% Inheritance Tax to fund the free healthcare

Your rate is stupid and so is the idea. Those who are rich will get away without paying, just like here. Those who need money will end up paying. Remember all these tax the rich schemes tax anything but the rich

Welp, I guess the rich can never be taxed. Which is why they're always fine with laws that raise their taxes!

Re: India Wants to Give Half a Billion People Free Health Care

#7
>> The health care plan, part of the government’s 2018-19 budget presented on Thursday, would offer 100 million families up to 500,000 rupees, or about $7,860, of coverage each year.

Thats roughly $800B dollars, or over 30% of India's GDP. What am I missing? Most people won't participate?

EDIT: according to the article, the Finance Ministry has allocated $314 million (or 4 hundredths of a percent of the theoretical max total benefit). As in, the funding they acknowledge is non-existent.

Re: India Wants to Give Half a Billion People Free Health Care

#8
post #5
post #4

I just hope it works very well because it seems every year there is one new populist measure. There is already: a. Food Security which provides food to nearly 2/3rd of the population or 820 million people. b. Minimum Support prices for grains which was hiked in this budget. Farmers also get loan waivers. c. National Rural Employment Guarantee which provides employment to over 100 million people

It's not a populist mesaure. You need this while you find a way to modernize agriculture practices so that the 60% who depend on farming won't have tough times. Also, there's enough money for all these schemes while still maintaining a decent fiscal deficit. What has to be worked on is the delivery of these. For better or worse linking Aadhar to bank accounts and delivering the benefits directly into the bank account…

What exactly is your definition of a populist measure? and please state your sources for the claim that there is enough money, not only for these programs but others too, while still maintaining the fiscal deficit.

Re: India Wants to Give Half a Billion People Free Health Care

#9
Giving free healthcare is a good step, but the important question is how good will it be and how much will be covered.

Brazil has 100% of its population (210M people) covered by free, single-payer, universal healthcare, resulting in a life expectancy of 75 years (US is 79, Japan and Switzerland with 83 IIRC).

But your experience can vary dramatically. It all depends on how much money is actually being put on it (in healthcare-costs-PPP-adjusted $/capita).

Re: India Wants to Give Half a Billion People Free Health Care

#10

>> The health care plan, part of the government’s 2018-19 budget presented on Thursday, would offer 100 million families up to 500,000 rupees, or about $7,860, of coverage each year. Thats roughly $800B dollars, or over 30% of India's GDP. What am I missing? Most people won't participate? EDIT: according to the article, the Finance Ministry has allocated $314 million (or 4 hundredths of a percent of the theoretical m…

That's "up to", my guess is that most families will only use a small fraction of that, especially because services might not be available or covered.
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