Is the Stent Price Cap a good move? What is your opinion?
On Feb 14th, the Government issued a notification reducing the prices of coronary stents by up to 400 per cent, capping them at Rs 7,260 for bare metal ones and Rs 29,600 for the drug eluting variety. Currently, the maximum retail cost of a stent currently ranges from Rs 25,000 to Rs 1.98 lakh.

As per some, this move will bring a major relief to lakhs of cardiac patients by capping stent prices. India has one of the lowest earning capacities in the world and the high cost of catastrophic illnesses make it beyond the reach of vast majority of Indians. On the other hand, others are questioning whether the profit-driven medical institutions will actually pass on the benefit to patients, or find ways to recover the considerable cost difference from them.

Do you think this benefit will reach the common man or will the institutes find a way around it by relocating the charges?
Share your views...

Source:The Indian Express
Dr. p●●●a p●●●l and 10 others like this
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R●●●●h D●●●a
R●●●●h D●●●a Ayurvedic Medicine
Right sir. But till now, all major hospitals were making profits on stents upto 750\%... Wasn' t it a big loot to pateints?
Feb 18, 2017Like
Dr. R●●●u C●●●●●●●●●●i
Dr. R●●●u C●●●●●●●●●●i Cardiology
If the hospitals are profiteering a lot then attack the hospitals by restricting their margins but not limiting the availability to the patients. One needs to understand that patient is vulnerable but not the Government or hospital. Can one imagine that profits will be less after this stent price reduction. In a free economy how can Government cap a price. Tomorrow they will put limits on many more things. My opinion is India is moving backwards towards a licence raj... Read more
Feb 18, 2017Like
Dr. R●●●u C●●●●●●●●●●i
Dr. R●●●u C●●●●●●●●●●i Cardiology
A patient has the right to get the best product in the world and doctor who is performing the procedure must have the liberty to plan his choice of materials.
Feb 18, 2017Like