The Supreme Court of India (SC) is entertaining a public interest litigation (PIL) asking for fixed rates for medical services in all hospitals in the country and has directed the Union Government to develop rates for each medical service. Otherwise, it proposed to fix rates charged under the Central Government Health Scheme as an interim measure.

In this episode, Anupam Manur and Shrikrishna Upadhyaya break down the implications of the Supreme Court’s order to impose price caps for hospital services. They argue that this is, both legally and economically, an unsound measure and the SC should refrain from intervening to impose price caps, despite its good intentions. Price caps will inevitably create distortionary effects, leading to poorer quality and a shortage of healthcare in the country.

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The Supreme Court of India (SC) is entertaining a public interest litigation (PIL) asking for fixed rates for medical services in all hospitals in the country and has directed the Union Government to develop rates for each medical service. Otherwise, it proposed to fix rates charged under the Central Government Health Scheme as an interim measure.
In this episode, Anupam Manur and Shrikrishna Upadhyaya break down the implications of the Supreme Court’s order to impose price caps for hospital services. They argue that this is, both legally and economically, an unsound measure and the SC should refrain from intervening to impose price caps, despite its good intentions. Price caps will inevitably create distortionary effects, leading to poorer quality and a shortage of healthcare in the country.
Do check out Takshashila’s public policy courses: <a href="https://school.takshashila.org.in/courses">https://school.takshashila.org.in/courses</a>
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Ever wondered how automation will change the world? Maybe you puzzle over what India could do to ease traffic congestion, or how China's aircraft carriers will transform Indian Ocean geopolitics? All Things Policy, a daily podcast brought to you by the Takshashila Institution, brings you all the answers. Every weekday, our researchers break down complex economic and geopolitical ideas through the lens of current events. For everyone from the busy executive to the curious student, All Things Policy is all you'll need to understand the world (and appreciate your breakfast) better.

Ever wondered how automation will change the world? Maybe you puzzle over what India could do to ease traffic congestion, or how China's aircraft carriers will transform Indian Ocean geopolitics? All Things Policy, a daily podcast brought to you by the Takshashila Institution, brings you all the answers. Every weekday, our researchers break down complex economic and geopolitical ideas through the lens of current events. For everyone from the busy executive to the curious student, All Things Policy is all you'll need to understand the world (and appreciate your breakfast) better.

Ever wondered how automation will change the world? Maybe you puzzle over what India could do to ease traffic congestion, or how China's aircraft carriers will transform Indian Ocean geopolitics? All Things Policy, a daily podcast brought to you by the Ta

All Things Policy

The Supreme Court of India (SC) is entertaining a public interest litigation (PIL) asking for fixed rates for medical services in all hospitals in the country and has directed the Union Government to develop rates for each medical service. Otherwise, it proposed to fix rates charged under the Central Government Health Scheme as an interim measure.  In this episode, Anupam Manur and Shrikrishna Upadhyaya break down the implications of the Supreme Court’s order to impose price caps for hospital services. They argue that this is, both legally and economically, an unsound measure and the SC should refrain from intervening to impose price caps, despite its good intentions. Price caps will inevitably create distortionary effects, leading to poorer quality and a shortage of healthcare in the country.