Urgent - Medical Devices Price Control

I remember earlier this year many of us participated in localcircles polls and discussions on ensuring there is MRP and price control on some 20-30 medical devices where hospitals have historically been cheating patients by charging whatever they want.

After NPPA put in price ceilings on stent pricing, US manufacturers Abbott and Boston scientific have literally been threatening that they won't supply any of their latest stents to India.

We need to ensure the Commerce Minister and NPPA dont yield to these tactics. Last week NPPA has sought comments from these manufacturers which indicates they may revisit the price ceilings.

I am sharing this so members of these vigilant circles are alert and the issue is escalated before the industry has it their way and Govt reverts or limits the price control. more  

View all 7 comments Below 7 comments
Let us not believe that prices of ANY product ( medical or others) can remain fixed for all the time. With changes in input cost of material and labour etc, the prices of product have to be revised. Why can not we set up manufacturing of such products in India under MAKE in INDIA? more  
NPPA must not be cowed down by any threats from these manufacturers of the mentioned medical devices and such others. They cannot charge consumers the "man-mani" prices. Free market does not mean that the capitalists alone have the voice. That is why we talk about the mixed economy that cares for the middle and lower middle income group. more  
There is no point in blaming the suppliers. The practicing community is in hand in glove with them. Even the govt is able to control the prices the hospitals which are involved in the business will increase the procedural cost and hospitalization bills to compensate the loss in profit by the reduction in prices. This is because the using interventionist demands for each stent used for the patient a certain amount from the company in addition to the profit or cut he takes for each (cardiac) angiography or renal peripheral stent used. That is why the manufactures are reluctant to reduce the prices. It is a known fact that the practicing cardiologist takes money from the sponsoring companies regularly for patronising the supplier. more  
The cardiologist escapes the IT net also. Ever heard a doctor, lawyer or a CA being caught hoarding money? If so please inform.
BUT the PM only exhorts by words not action during their annual functions. He feels nothing of the sort you have described happens in Bharat. Let him make all hospital/medical transactions through banks. Cash should not be seen in Hospitals/doctors. Will he or can he do that? more  
It will be unfortunate if the government yield to the pressure from any quarter. It would be appreciable if the government arranges for manufacture of the stents and all other medical supplements indigenously. If this is done, the US manufacturers will certainly come under our terms under compulsion being India the largest market for them. more  
Why we should get a threat from foreign manufactures. Even if we get a threat from particular country, why don't we choose for another country. Rather our government should encourage domestic manufactures. more  
Pharma companies of this size have funded 'World Wars' so one can imagine their impact.. United States, geo-politics are complex aspects.. Government deserves the credit for making earnest efforts to better the lives of Indians.. Such reactions are expected in such situations.. But citizens have faith in the Government that GOI will prevail over the pulls and pressures in the health sector, if need be India may accomodate in some other areas more  
Post a Comment

Related Posts

    • It's me Sutirtha from West Bengal. I want to share my frustrating experience with Reliance Life Insurance, where I was repeatedly misled by their representatives: 1. In August 2024, I bought P...

      By Sutirtha Ghosal
      /
    • Beware of Star Health and Care insurance

      Star and Care stand out in people having horrible claims experience and claim rejection I have seen both these insurers reject claims for illogical reasons. They seem to delay claim...

      By Naina Mittal
      /
    • Inland letter from LIC without any information

      A couple of days back, I received 2 letters from LIC. It started this "Dear Policyholder...". It was an intimation of maturity or survival benefit for the policy. Nowhere was the policy number me...

      By Padmanabhan G
      /
    • Airtel ups their post paid

      Pathetic customer service. My postpaid mobile bill jumped from ₹352 to ₹411. Changed to a new plan of ₹449 without any communication to me or my authorization..called their customer service number....

      By Padmanabhan G
      /
    • High cost of living

      The way cost of living, inflation, rents, layoffs, fear of pink slips, insufficient retirement corpus, over exceeding medical & education costs are increasing, very soon we are going to witness...

      By RN Chopra
      /
    • महंगाई - गेहूं यानी wheat

      गेहूं की महंगाई रहस्यमय हो चली है. मांग और आपूर्त‍ि की गुत्‍थी का सिरा ही गुम है. - नई फसल आने के बाद भी कीमतें न घटीं. अगस्‍त में गेहूं की क़ीमत करीब 100 रुपये/ क्‍व...

      By RN Chopra
      /
    • Media news channels

      Roll of news channels in TRP era. Same participants, Same hot discussion. No conclusion.Smile on anchors face when participants argue and use rough hot words. What should be standard of T...

      By Satyapal Singh
      /
    • Too much tax for buying home

      To buy a house of 1 cr you need to pay 5% GST,Which is 5L lakhs & stamp duty for registration is around 3 Lakhs. To earn 1cr 8 lakhs you have to pay tax of 38.75 Lakhs (30% + 15% sur...

      By Mukul Puri
      /
    • By Sanjit Jha
      /
    • Indexation removal by Govt is bad for property ownership

      Many have no option but to borrow and buy real estate. A loan serviced for say 20 years, significantly increase the amount paid towards the property. Now, they no longer have recourse to adjust for...

      By Reeta Kumar
      /
    • WEWELLCOM PATANJALI AYURVED's ACTION

      The Brompton cocktail, sometimes called Brompton mixture and most popularly known as Brompton cough mixture, was originally developed at a hospital specializing in chest diseases. This cough mixtur...

      By Jayakumar Daniel
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)