Punjab: New GST regime expected to cut healthcare costs, benefit patients
The Goods and Services Tax is likely to reduce healthcare costs. Experts anticipate a 6-7% reduction, benefiting patients. Medicine and equipment prices may fall. An ultrasound machine cost has already dropped. Lower costs could encourage infrastructure upgrades. Patients may see 6-8% savings. The full impact will unfold over time. Diagnostic and outpatient services will improve.
The Goods and Services Tax is likely to reduce healthcare costs. Experts anticipate a 6-7% reduction, benefiting patients. Medicine and equipment prices may fall. An ultrasound machine cost has already dropped. Lower costs could encourage infrastructure upgrades. Patients may see 6-8% savings. The full impact will unfold over time. Diagnostic and outpatient services will improve.
