Wednesday, November 09, 2016

Scrapping Rs 500 and Rs 1000 notes will reduce medical corruption


We all know that the Indian healthcare system is riddled with corruption. This exists at many levels. Doctors demand cash payments from patients under the table ( sometimes even while the patient is in the Operation Theater, when the family is desperate and vulnerable); corporate hospitals and diagnostic centers incentivise doctors to refer patients to them; doctors ask for kickbacks from specialists in order to send patients to them ; and pharma companies bribe doctors to prescribe their brands.

Now that these notes have been scrapped, the healthcare system will get its act together. This is good news for good doctors, because it will be harder for crooked doctors to ask for bribes, or to give them.

I am very excited with this move. The healthcare system was moribund, and needed an external shock to get it back on track. I am thrilled Dr Modi has provided this !

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