The effect of raising the cap on FDI in the insurance sector is - TopicsExpress



          

The effect of raising the cap on FDI in the insurance sector is now generating the corollary dangerous fall outs. A Bill has been placed in the Rajya Sabha which seeks to cap the charges of Private Practising doctors and Private clinics and hospitals.This will be done by a committee comprising mainly of Government appointees .Failure to comply on this government dictated fee structure will bring imprisonment for not less than one year and a fine of up to Rs.5 lakhs.on the doctors. Moreover Doctors will compulsorily HAVE to conduct free clinics frequently. That this is being done at the behest of the Insurance sector is obvious.Unable to meet the growing legitimate pay outs on medical insurance due to increasing success rates in medical treatment ---the insurance sector has surreptitiously introduced this unfair, unjust and draconian bill with the aid of the Central government. It appears we live in a democratic country run by a brute majority autocratic government which talks of inclusive involvement and promoting free enterprise from the Red Fort but surreptitiously seeks to deter free enterprise by medical practitioners.The average fees by average medical practitioners are still ridiculously low as per world standards.The government dare not look as fees of lawyers and other professions(and they should not in a market generated price structure), rising prices generated by hoarding and traders(their vote bank) but will choose to sacrifice doctors livelihood at the behest of the profit making by foreign investors. The real character of this government vis-a-vis the medical practitioners (who are a well known soft non protesting group) is being slowly revealed..It is time that doctors united, protested vociferously against this and stopped this dangerous bill from becoming law.
Posted on: Sun, 17 Aug 2014 02:22:12 +0000

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