Out-of-pocket expenditure refers to expenses that individuals pay directly from their own funds. This includes costs for healthcare, education, and daily living. In India, it significantly impacts low-income families. Such expenses can lead to financial strain. Understanding this term is crucial for assessing economic conditions and access to essential services. It highlights the importance of social safety nets in the country.
India’s health financing structure includes public spending, insurance coverage, and direct household payments, and the National Statistical Office conducted its 80th round health survey from January to December...
