Why is India comparatively inexpensive despite world-class treatment facilities?
There are many factors why the treatments are extremely low-cost despite highly qualified doctors and state-of-the-art technology The reasons being: 1. The doctors’ fees are only 1/5th of that in the US. 2. The nurses charge only 1/10th. 3. The cost of living is quite low compared to the developed nations. 4. The cost is also less due to economies of scale. Healthcare is a highly competitive industry in India. India not only provides excellent healthcare facilities but is also a great destination for foreigners. India also has a favorable foreign exchange rate Again, Indian doctors have been recognized worldwide for their expertise in their field. The Indian Government, too, has declared the system of treating foreigners in India as legal. By promoting medical tourism, the government is also offering export incentives and tax breaks to the hospitals that provide price reduction and various other lucrative facilities. 2) What are the most popular procedures that patients seek in India?
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