Indian health care needs strong prescription to cure its ills


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Last week, I met the best and worst of Indian doctors. I had to rush to the Punjab because my 92-year-old father was in intensive care. A cocktail of ailments forced doctors to put him on a ventilator. The neurosurgeon told me an MRI would be necessary to see if the brain had been damaged because he was neither speaking nor moving. However, as my father came off the ventilator, he began to regain his senses and the neurosurgeon cancelled the scan.

At the other end of the spectrum, a spinal surgeon had earlier diagnosed him as suffering from lumbar spinal stenosis and urged surgery. Spinal surgery on a frail old man?

In India, as the controversy over corruption in the medical profession snowballs following a scathing article in the British Medical Journal, it is the latter kind of doctor who predominates, the kind who puts patients through unnecessary diagnostic tests and procedures.

The article, by Dr David Berger, an Australian doctor who worked for six months as a volunteer in India, described how kickbacks are routine. He spoke of “needless” deaths. Dr Berger’s experience merely confirms what many Indians have long suspected: that X-rays, MRIs, CT scans, ultra-sonographies, and ECGs are routinely prescribed for patients who did not need them.

For years, they have read horror stories about unwarranted hysterectomies, stent procedures and appendectomies being carried out. Darker still, they have heard of doctors in private hospitals being given “quotas” – the amount of revenue they need to generate every month.

For every patient, this unethical behaviour is unacceptable. For poor Indians, it is a calamity. Fear of a serious illness in the family keeps them awake because they know it will ruin them financially.

The suicide statistics for 2013 show that 72 Indians kill themselves every day due to illness, the second largest number after the 89 who kill themselves over family problems. My hunch is that many of them committed suicide because of concerns over debt caused by their illness.

To inflict unnecessary medical expenses on the poor is a huge betrayal of trust. The poor are not even familiar with the concept of getting a second opinion; they revere and trust their doctor.

Corruption in the medical profession is a global challenge but given that corruption generally can be found in the tiniest spaces in India, it can safely be presumed it must be a whole lot worse here. Transparency International has found that the health care sector in India is the country’s second most corrupt institution, after the police.

Fortunately, the British Medical Journal has launched a campaign against corruption in medicine which will begin with a focus on India in the belief that if it can be reduced there it can be reduced anywhere. This is a reasonable assumption given that corruption in India extends to the stage where some medical students give bribes to get into medical school and later to pass their exams.

Dr Berger’s article has struck a chord, even though it’s a shame that it took an Australian doctor to wake people up. It’s a good time to tackle this corruption. India has a new government, swept into power on an anti-corruption wave. It seems inclined to act rather than merely talk.

For a start, it needs to provide regulatory oversight of both the private and public sectors. It’s shocking that there has only been self-regulation for so long. Without specified standards and codified guidelines on professional behaviour, no accountability is possible and no punishment for those who break the rules.

A national watchdog would be useful, a place where patients and relatives can go for an expert decision on their question, or where people can report bribe-taking and unethical behaviour by a doctor.

The Medical Council of India must strike off any doctor who is found guilty of this sort of misconduct. Its existing Ethics Committee has been lax and its current director cannot even say how many doctors have been struck off in the past, if any.

And of course a campaign to make the public aware of this danger would be hugely helpful. At the moment consumers do a doctor’s bidding blindly; replacing blind trust with reasonable doubt would be a small but important start in changing the doctor-patient relationship.

Thanks to his good doctors, my father is out of intensive care and even moving around. Had he gone along with the doctor who wanted to poke around in his spine, he would have been bedridden, at best. What’s worrying is that the happy outcome was purely down to chance. That needs to change.

Amrit Dhillon is a freelance journalist in New Delhi

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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