US versus Taiwan Healthcare System Reforms: What Can India Learn from Them?

Abstract

India has been famous for producing excellent clinicians who have served the entire world. Moreover, India has been one of the medical tourism destinations for international patients. Yet, unfortunately, healthcare facilities and resources for Indian citizen are not up to the standard compared to other countries. In recent years, the Indian healthcare system has received wide attention by the various stakeholders, such as patients, healthcare providers, health insurance companies, Information and Communication Technology companies, the government, and investors. The government of India has taken a number of initiatives in order to streamline the healthcare system of India. As many others have reformed their healthcare system, it is good to learn from their success and failure. In this paper, we discuss healthcare reforms in the USA and Taiwan. We find that, despite a number of healthcare reforms, the USA is somewhat struggling, whereas Taiwan is a relatively successful in streamlining their healthcare system. Also, we explore a possible reason (Optimizing Big Coefficient or New Reality theory) for this gap. Afterwards, we highlight ongoing healthcare reform in India, including what India can learn from the USA and Taiwan.