4 ms·
The Singapore "3 M" model largely takes advantage of transparent pricing and savings-account driven healthcare spending to bring down costs, as well as price co
by bhupy 6y ago
The Singapore "3 M" model largely takes advantage of transparent pricing and savings-account driven healthcare spending to bring down costs, as well as price controls to introduce an upper-bound to prices. It's, in my opinion, the paragon of what "healthy regulation" of markets looks like; the price controls don't undermine the market forces, and are instead crafted to complement them.