This is the third under a series of articles The Kochi Post is running on access to healthcare and the second part of Dr. Jimmy’s column on universal healthcare.
From the experience across the world, it is clear that providing universal healthcare as per demand is not working. The richest countries find it a big task. This is what I have tried to highlight in my last article.
Why is that? The reason is the enormous incremental advances in the standard of medical care over the past few decades. Technology brings more benefits, professionals are better skilled, and medicines are more effective. Costs rise exponentially. But the relation between cost and benefit is not linear. That means, a hundred per cent increase in cost doesn’t lead to a hundred per cent increase in benefits. This may happen very rarely. But most of the time, what happens is that a particular improvement in treatment may double the cost. But the benefit may rise only by five per cent or so. But in healthcare, the older treatment is outdated.