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Difference in drug prices: a health hazard?
Access to drugs: varies widely!
Every year 3.2% of Indians fall below the poverty line because of high medical bills. This was revealed by the World Health Organisation (WHO). It states that almost 70% of Indians spend their entire income on health care and purchasing medicines.
Medicines, which comprise 15% to 75% of the total health care costs, are a key concern due to the vast difference in pricing between brands of the same medicine and the low awareness among consumers.
Consider this – two bands of similar sized ready-to-cook noodle pack costs Rs 10. Different brands of 200 ml...