L.E.K. Consulting
Innovative Medical Device Access in India Report
Pages
24
Time to read
24 mins
Publication
Language
English
Pages
24
Time to read
24 mins
Publication
Language
English
This special report outlines the challenges and proposed solutions for enhancing access to innovative medical devices in India through evidence-based reimbursement models. It describes the evolution of the medical device reimbursement landscape, particularly focusing on the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY) and its integration of health technology assessment (HTA) into reimbursement decision-making. The report identifies critical gaps in affordability, knowledge, and data that hinder access to medical technologies. It suggests implementing selective copay models inspired by South Korea to improve affordability and promote better care quality. The report emphasizes the need for a robust HTA process to determine which medical devices should be reimbursed and at what cost, highlighting the importance of clinician engagement in health economic evaluations. Additionally, it discusses leveraging real-world evidence to support regulatory and reimbursement decisions while addressing challenges in data collection and standardization. Overall, the report aims to bridge the gaps in India's healthcare system to facilitate equitable access to innovative medical technologies.