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The Different Incentives for Indian Doctors
In Indian hospitals, what one hears about is one hears about horror stories of how doctors are incentivized. You have to guarantee a certain revenue to the hospital you are with. And therefore, that incentivizes you to not be completely honest with the patient and make them do more tests than is required by law. One obvious way in which they could be fixed is if there was much more competition because then they would have to compete with each other to give good honest treatment. We will talk about that next.