Fintech Innovations Driving Affordable Healthcare Access

"The rallying call for price transparency and patient-centric policies has emphasised the need for a seismic transformation."

That's how Nupur Khandelwal, co-founder and CEO of India's CarePay, frames the country's health care system today, which, he says, "has become imperative in healthcare."

That's because, as Quartz reports, India's per-capita health care costs are some of the highest in the worldfigure about $12,000 for a family of fourand many people can't afford to pay for care.

To help ease the burden, CarePay has partnered with banks and insurance companies to offer consumers zero-cost credit for medical services, Quartz reports.

"This approach encourages patients to adopt human-centric finance interfaces," Khandelwal says, "to be a catalyst in bringing revolution in the healthcare ecosystem."

Quartz notes that India's per-capita health care costs are some of the highest in the world, and the country's per-capita cost of medical care is also some of the highest in the world, at about $12,000.

But Khandelwal's company isn't the only one trying to make health care more affordable.

There's also the concept of "fintech" platforms

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