Nation’s well-being is determined by a great healthcare system. Healthy people will be a better pay off to the country by working hard and hence, take less medical leaves. Resultantly, it increases the GDP of country. So, the strong GDP will help out in government to spend more on the health sector. Singaporean’s healthcare system is completely the responsibility of Ministry of health of Singapore. Due to having an efficient and organized system, it has been achieved the 6th number ranking in the widespread system of health in 2000. Afterwards, it was ranked having an efficient in healthcare system worldwide in 2014.
Basically, it uses a mixed financing system for healthcare awareness that means mandatory deduction for the savings plan, by using various insurance schemes. The mechanism is used for avoiding the citizens, the overusing of healthcare services. Costs are calculated and spend afterwards, on the families and patients and hence, the Patients enjoy subsidized treatment. Even, most of them are treated like the private patients, in the public system.
Health Care System of Singaporean Ministry:
The sector of health is completely under the control of government. The primary payment is made by the people themselves but, still the saving accounts are in credits because of getting heavily subsidized hospitality. The facility is not just limited for chronic disease or for only in the hospital. In fact, if, one cannot afford the expenses of hospital care, the government credits his personal account.
Government makes it sure to provide healthcare services in the country but the unexpected disease are sometimes become the guest for long time such as:
- Ischemic heart diseases
- Accident, poisoning and violence
- Intestinal infectious diseases
Among the above mentioned, the two most chronic disease that affect the Singaporeans mostly are cancer and Ischaemic heart disease. Unfortunately, the world around 12.7 million people have to deal with the cancer, among them 7.6 million die from this chronic disease. And, the ratio of Singaporeans is not less. Nearly, the bad news is to be told to 36 persons daily, that they have this killer disease.
Good news for Singaporean is that government is spending an average of $100k to $200k for the treatment of this disease. The cost is just estimated excluding all drugs and medicines. It becomes higher when the person is having lung cancer with more complication, nearly to S$16,000 if the ward is A or S$3,000 if, one chooses ward C.
The same goes for Ischemic heart disease, a condition in which blood vessels become blocked or narrowed due to high cholesterol on the walls. Such a disease requires treatment for enlarging a narrow heart vessel. The Singaporean ministry of health recorded the cost for its treatment from S$4,087 to S$12,657 depending on the hospital and ward. Like, for ward A, it may be S$15,744 to S$35,976 for the same treatment.
Measures for cost cutting in health sector by the government:
Although, a large part of budget is allocated for the healthcare sector, but, government of Singapore ensures to cut down the healthcare cost down to spend the amount on anywhere else. For this purpose, primary care is delivered by the private hospitals which are highly subsidized. where 80% hospitals are public. Furthermore, there is enough competition among them so as to ensure effectiveness. And, so, it will help in cut down of cost.
The average income in Singapore is S$4,056. It means if you are earning above than it monthly, you are earning higher than half of Singaporeans. If, the government is taking responsibility of healthcare of the public fully, after making contribution to CPF, you still have S$3,244 to spend on other things. So, to fix the rein of healthcare and to spread healthcare awareness, other developed countries must learn from Singaporean government that it must pay for the minor health issues of public.