Provide examples of the following types of government intervention in healthcare: a. Government production b. Subsidies...
Provide examples of the following types of government intervention in healthcare:
a. Government production
b. Subsidies for products
c. Taxes on products
d. Price regulation
e. Quality regulation
f. Inaction
(Please explain why it is an example as well)
Homework Answers
1) government production: there are various government psu which are producing pharmaceutical like hindustan antibiotics.
2) subsidies: like Indian government providing subsidies medical equipment purchase from foreign .
3) tax on products:goods and services tax on different type of pharmaceutical products by Indian government.
4) price regulations: national pharmaceutical Price's control authority of India regulate prices in India., but some drug are under essential products so they are direct regulated by government of India.
5) quality regulations : the drugs controller general of India quality of drugs, approves new drugs and regulates clinical trials.
6) inaction: when government not apply any regulations in healthcare facilities.
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