The article speaks about Health care hospital sector. How in India with 1400 million people we have low penetration in health insurance and a lot of health insurance companies aggressively selling health insurance coverage.
While it is unethical to levy heavy charges for hospitalisation, sooner or later rates need to be standardized.
In spite of the fact that there is a move to standardise hospitalisation charges and the issue has been taken up with Supreme court, there is hardly any fall in stock price.
Health care is something basic necessity in life and there would be perennial demand for medical care. As economy grows , standard of living improves, people will seek health insurance cover and would utilise services from hospitals when they fall ill.
It also talks about IT, it says IT adopts to transformation and large IT companies will be able to adopt to changes very fast…
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