A wealthy person can afford ₹50,000 a year to catch one cancer earlier, which is an excellent personal return on investment. But a government screening 1 lakh women would spend ₹500 crore and catch 20-30 cancers earlier. Representative photo.

A wealthy person can afford ₹50,000 a year to catch one cancer earlier, which is an excellent personal return on investment. But a government screening 1 lakh women would spend ₹500 crore and catch 20-30 cancers earlier. Representative photo.
| Photo Credit: navymedicine/Unsplash

Medicine treats the evaluation of emerging technologies as a technical problem, but it is not. It is fundamentally an economic problem.

When does a ₹30,000 genetic test represent excellent value and when does it represent wasted money? The answer depends on a question members of the medical profession almost never discuss: who’s paying?

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