The World Health Organization recognises health financing as a “core function of health systems that can enable progress towards universal health coverage by improving effective service coverage and financial protection.” For a significant part of the Indian population, this is crucial given the rural-urban healthcare divide, the prevalence of low and middle-income groups, and the general lack of awareness about health concerns. These factors compromise our healthcare infrastructure and delivery.
Despite the notable evolution of our healthcare system, providers are yet to realise their true potential as global leaders. Healthcare financing can fuel their efforts with a multifaceted approach to provision, management, and accessibility for India’s vast and diverse population.