IPAB will de facto determine which procedures and drugs get covered by setting reimbursement rates. IPAB will be able to restrict treatments by reducing rates to levels at which no doctor could provide care.
Here in Singapore, the bankers are completely miserable about it.
Theyβre so angry for having to call customers and say, βYes I know youβre in India, and I know weβre in Singapore, and I know youβve been a customer for 10 years. But you still have to fill out this US government form or else weβll close your account.β
Itβs ridiculousβ all of this because the US government is bankrupt.