2 ms·
SG is a young nation so has lower Heath care costs (not many over 70s). The amount being spent on health has been ballooning over the decade and is forecast to
by midasuni 5y ago
SG is a young nation so has lower Heath care costs (not many over 70s). The amount being spent on health has been ballooning over the decade and is forecast to continue.
It’s currently US$2800 a year per person, however to quote
, the health-care system is contending with increased stress, as reflected in so-called pain points that have led to public concern, including shortages in acute hospital beds and intermediate and long-term care (ILTC) services, and high out-of-pocket payments. The main drivers of these challenges are the rising prevalence of non-communicable diseases and rapid population ageing, limitations in the delivery and organisation of primary care and ILTC, and financial incentives that might inadvertently impede care integration.
Basically the low costs driven by a young population are coming to an end