Officers stated the ministry is learning insurance coverage insurance policies launched by Singapore and different international locations.
The federal government is planning to kind a working group to discover the probabilities of linking Indian hospitals, wellness centres and Ayurveda clinics with international insurance coverage corporations to spice up medical tourism within the nation, Tourism Minister Prahlad Patel has stated. He stated the intention is to make sure that international nationals in search of medical therapy in India can arrive within the nation with their very own insurance coverage, which might be recognised by all well being centres right here.
“We are going to kind a working group to discover the probabilities to enrol international insurance coverage corporations with Indian well being centres so that individuals can use these for therapy right here. So, after they arrive, they’ve their insurance coverage in place. This might be particularly useful for these arriving from Iraq or Southeast Asian international locations,” the minister instructed PTI in an interview.
Officers additionally stated the ministry has really helpful that international vacationers visiting India could also be provided attractively priced COVID-19 insurance coverage covers as a part of the ministry’s plans to revive the sector publish the coronavirus disaster.
“The working group will present us a mannequin on which our system may be primarily based. We’re additionally in discussions with home insurance coverage corporations and departments involved right here,” Mr Patel stated.
Officers stated the ministry is learning insurance coverage insurance policies launched by Singapore and different international locations.
In line with a report printed by the Allied Market Analysis, the worldwide medical tourism market accounted for $104.68 billion in 2019 and is projected to achieve $273.72 billion by 2027, rising at a Compound Annual Development Price (CAGR) of 12.8 per cent from 2020 to 2027.
The sector is rising quickly, say officers, however restricted medical protection, prolonged or partial reimbursement by payers and visa approval points hamper its progress.
“We now have stated that we must also have an genuine listing of all our wellness centres and Ayush Hospitals in order that we will correctly publicise them. This may even assist international vacationers to know what number of such centres now we have and make a selection. “We’re additionally working in direction of granting visas to international vacationers primarily based on suggestions from these centres and hospitals,” Mr Patel stated.
Greater than 130 international locations all over the world are competing for a pie of this international enterprise. The favored medical tourism locations embody India, Brunei, Cuba, Columbia, Hong Kong, Hungry, Jordan, Malaysia, Singapore, South Africa, Thailand and the USA, amongst others.
Medical tourism encompasses primarily and predominantly biomedical procedures, mixed with journey and tourism.
In India, the entire variety of inward medical vacationers doubled in a span of simply three years. In 2017, round 22 per cent arrivals from West Asia was for medical functions, adopted by 15.7 per cent from Africa, in accordance with the Indian Tourism Statistics 2018 report.
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