How can the Healthcare providers in India offer such low and convenient health care costs?
The Indian currency exchange rate is very favorable to American, European, Australian and a few Asian currencies. Secondly, in India the Healthcare professionals / providers have to pay very less (Approximately- USD 2500-3000 / annum) for the Medical Malpractice Insurance in comparison to their counterparts in other countries which may be approximately – USD 90000 – 140000 / annum. Due to India being a developing economy the maintenance costs, hiring back-office personal, professional care and technical services / costs towards salaries etc. are low in comparison to the developed economies. India is the world’s largest exporter of the quality Bulk Drugs therefore the cost of the high quality medicine is cheaper.