"There are many people happy with the healthcare system in Singapore ....those who have never been seriously sick!" - Lucky Tan
There is a transformation of our healthcare sector taking place right now and it will soon impact you in the coming years when you get sick. In the past, the much of our resources in healthcare is allocated to public hospitals and a relatively small % to the few private hospitals. This does not make sense for the PAP govt. Just look at the enormous profits that can be made by the healthcare industry in the US (ranked 37 in quality and No. 1 in profits and most costly to citizens).....something has to done to tap the profits in our healthcare service. What better way than to turn it into a hub! Yes, but don't worry our medical hub is far more successful than our education hub, budget airline hub etc:
“Singapore is widely regarded as a leading destination for international healthcare seekers. Singapore received 410,000 international healthcare visitors in 2006 and many others sought ancillary healthcare services while in Singapore for other purposes" [link]
Yes 410,000 visitors last year and growing. Expect the medical hub to grow and our limited healthcare resources to be allocated according to who can pay and afford. So you as an ordinary Singapore citizen compete against the millionaire Indonesians, Arabs and even Americans for the best care.
"Is the class "C" subsidy a market subsidy or cost subsidy?" - Lucky Tan
Whatever resources is left in public hospitals is rationed among Singaporeans hence the increased waiting time.
Singaporeans should accept with the changes in our healthcare sector because it will bring in profits - plenty of profits = good for Singapore Inc. Why was MediShield put in the hands of insurance companies? ...Why is the govt introducing means testing saying they are targetting millionaires when the criteria ($1000 household income per capita) will hit middle income families the hardest?!
The healthcare sector in Singapore in entering a Golden Period of high profits. Singaporean blood donors are helping to fuel the profits with their blood which now goes to treat healthcare visitors from all over the world for a profit. Looks like there is alot to look forward to in this Golden Period...starting with healthcare....