Pricing of Critical Health Devices - Issues
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Issues with pricing of critical health devices:
1. Critical health devices are sold at a very high rate
2. Since most of these devices are imported, their actual cost is not known to anyone except the sellers
3. No discounts are offered on the MRP
4. Relatives of the patients are forced to buy them from the hospital pharmacy only
5. Compared to the retail sale rates of stents the hospital cost is very high which amounts to looting the patients
6. Doctors often recommend a particular brand , which is priced higher and the benefits go to the doctor
7. The awareness of the availability of such devices in the market among the consumers is limited. more