Import of health care services from India: Is it complementary to or substitute of the National Health Service of Bangladesh?
Date
2019-12Publisher
IOSR Journal of Economics and Finance (IOSR-JEF)Metadata
Show full item recordAbstract
Bangladeshi patients visit neighbouring country India for importing medical care. The patients from
this country often go to India for those medical interventions what was already available in-home country.
Hence, the question is to evaluate whether the trade in health services between these two countries is
originating from substitution or complimentary effects. This paper analysed this question based on the nature of
health service uses by Bangladeshi patients in India and in Bangladesh. It also analyses health outcomes and
economic benefits of receiving health care abroad and in-home country. Health outcomes are measured in
QALY gains calculated using EuroQol procedure. The findings of the paper suggest that foreign health services
are complimentary to national health services. Bangladeshi patients use health services in Kolkata in India for
comparatively better treatments. Patients gain more QALY when they get treatments abroad. The relative price
of medical treatments is also lower in the case of treatments abroad. The paper concludes with the opinion that
cooperation between countries for trade in health services may reduce cost, may make available necessary
health care more equitable. The trade in health services may bring in economic gain for both countries.