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Frugal Innovations in In Health Care
Micro Innovations, Macro Impacts
Why this conference?
Access to health care and well-being is a human right as declared in the United Nations proclamation:
“Ensuring healthy lives and promoting the well-being for all at all ages is essential to sustainable development” (UN 2015).
Even though tremendous advances have been made in health care in the last few decades, still close to 4 billion people today across the lower socioeconomic strata have no access to these lives changing medical care. On the other hand, in developed economies like the United States, the cost of health care has increased to almost 18% of GDP and continues to rise as the population is aging.
In recent years, there has been a tremendous shift towards innovations that can not only improve health care by a substantial reduction of cost but also provide core functionalities and optimized performance, appropriately terming it Frugal Innovations in Health Care.
While a lot of these frugal innovations have been developed or applied in the developing countries, it is also very relevant that we in the United States look at these innovations and engage in a dialogue to see how such innovations can reduce health care costs here as well.
With these challenges in mind, India Development Service (IDS), a nonprofit organization based in Chicago plans to organize a “Frugal Innovation in Global Health Care” conference in March 2021. IDS has been working to support grassroots socio-economic projects in India since 1974 and has reached out to nearly 250 projects in several states of India to help the most marginalized communities. For more information on IDS, please see our website: www.idsusa.org.