In healthcare, the patient is the least informed consumer - The Economic Times
Significant price differences in healthcare consumables have drawn attention, prompting calls for better consumer protection. Maharashtra's FDA has uncovered alarming disparities, highlighting information asymmetry faced by patients. The Supreme Court reaffirmed consumer accountability for medical services, emphasizing the need for transparency. Consumers are encouraged to ask questions and take advantage of available grievance mechanisms. Strengthening enforcement and data-sharing among regulators can improve the integrity of healthcare transactions.