“There has often been a regrettable tendency among emerging health economies to copy some of the least effective elements of high-cost Western healthcare. Hospital dominated systems with sophisticated technology can seem attractive but tend to lead to very high costs without gains in outcomes and quality.”
- Lord Nigel Crisp, Chairman, All-Party Parliamentary Group on Global Health
Limiting prices and controlling costs by imposing high deductibles and co-pays can have some effect but to develop a successful low-cost system, some different strategies are needed. This assumes the basics of good governance are in place and there are reasonably well developed systems for regulation of professionals and organizations, provider payment and identifying and dealing with fraud.
We see opportunities in four main areas: