"If we cannot cope with 5 million people, how do we expect our healthcare system to support a population of 6.9 million?"
Our current healthcare system, like other public services, is severely stretched by the huge population influx. The total health expenditure of Singapore is $12 billion in year 2011, whereas the government's health expenditure was only $3.5 billion in the same year.
The present system consists of "3Ms”: (1) Medisave for hospitalisation, (2) Medishield for catastrophic illness, and (3) Medifund as a safety net. But the reality is that 3Ms are only a small part in financing Singapore's healthcare financing..... Full story