NANYANG TECHNOLOGICAL UNIVERSITY SCHOOL OF HUMANITIES AND SOCIAL SCIENCES [pic] Healthcare in capital of capital of capital of Singapore Submitted by: Soh mei Hui Rachel (U0930888A) Tan Li Xuan genus Felicia (U0931051D) Yeo Yan Stephanie (U0930213G) Supervisor: Assistant professor Giovanni Ko Academic Year: 2012/2013 parry OF CONTENTS dodge OF CONTENTSi 1.INTRODUCTION1 2.PHILOSOPHY & business office OF establishment1 3.FINANCING SYSTEM3 3.1 MEDISAVE3 3.2 MEDISHIELD4 3.3 MEDIFUND4 3.4 ELDERSHIELD5 4.BENEFITS OF SINGAPORES HEALTHCARE POLICIES6 4.1 SUBSIDIES TO THE lamentable6 4.2 ADVERSE SELECTION8 4.3 moralistic HAZARD9 5.LIMITATIONS OF HEALTHCARE POLICIES11 6. military rank13 7.CONCLUSION15 8.BIBLIOGRAPHY16 9.APPENDICES21 10. TABLES31 INTRODUCTION Singapore is unitary of the wealthiest countries with highest per capita gross domestic prod uct compared to different Asia peace-loving regions with continuous strong economic growth, relatively low lump as well as unemployment rates. What is as impressive is that Singapore has been recognized as a orb leader in the health care system too.

tally to an analysis by international consulting firm Watson Wyatt, Singapore has one of the most successful healthcare systems in the world, in legal injury of both efficiency in funding and the results achieved in companionship health outcomes. In this paper, we bequeath investigate the various aspects of Singapores healthcare financing system, discuss related issues, valuate and compare our achievement to that of other devel oped economies. PHILOSOPHY & ROL! E OF GOVERNMENT The philosophy behind Singapores healthcare financing is to provide affordable healthcare with cost controls by emphasis on individual responsibility. Individuals convey the primary gist of their own health expenses, but with co-occurrence from the government in hard times, and the requirement of co-payments to discourage over-consumption. By...If you penury to get a full essay, order it on our website:
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