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The authorities is planning to type a working group to discover the probabilities of linking Indian hospitals, wellness centres and Ayurveda clinics with overseas insurance coverage corporations to increase medical tourism within the nation, Tourism Minister Prahlad Patel has mentioned.
He mentioned the intention is to be sure that overseas nationals looking for medical therapy in India can arrive right here with their very own insurance coverage which might be recognised by all well being centres in Delhi.
“We will form a working group to explore the possibilities to enrol foreign insurance firms with Indian health centres so that people can use these for treatment here. So, when they arrive, they have their insurance in place. This will be especially helpful for those arriving from Iraq or Southeast Asian countries,” the minister informed PTI in an interview.
Officials additionally mentioned the ministry has beneficial that overseas vacationers visiting India could also be supplied attractively priced COVID-19 insurance coverage covers as a part of the ministry’s plans to revive the sector submit the coronavirus disaster.
“The working group will provide us a model on which our system can be based. We are also in discussions with domestic insurance companies as well as the departments concerned here,” Patel mentioned.
Officials mentioned the ministry is learning insurance coverage insurance policies launched by Singapore and different international locations.
According to a report revealed by the Allied Market Research, the worldwide medical tourism market accounted for $104.68 billion in 2019 and is projected to attain $273.72 billion by 2027, rising at a Compound Annual Growth Rate (CAGR) of 12.eight per cent from 2020 to 2027.
While the sector is rising quickly, say officers, restricted medical protection, prolonged or partial reimbursement by payers and visa approval points hamper its progress.
“We have said that we should also have an authentic list of all our wellness centres and Ayush Hospitals so that we can properly publicise them. This will also help in foreign tourists to know how many such centres we have and make a choice,
“We are additionally working in direction of granting visas to overseas vacationers based mostly on suggestions from these centres and hospitals,” Patel mentioned.
More than 130 countries around the world are competing for a pie of this global business. The popular medical tourism destinations include India, Brunei, Cuba, Columbia, Hong Kong, Hungry, Jordan, Malaysia, Singapore, South Africa, Thailand and the USA among others.
It encompasses primarily and predominantly biomedical procedures, combined with travel 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 to the Indian Tourism Statistics, 2018 report.
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