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Source:
www.moh.gov.sg |
Publication of Data on
Affordability of Healthcare |
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All Singaporeans have access to good and
affordable healthcare, through government subsidies and our 3Ms (Medisave,
MediShield, Medifund) framework. This is a Ministry of Health (MOH)
commitment. |
To reassure Singaporeans that this framework
is effective, MOH will publish key affordability indicators on its
website and update them every six months. |
The first report is now available, based on
2005 data. The data for the first half of 2006 are being compiled and
will be published once available. |
We are starting with 4 data sets. |
First, the sizes of hospital bills in public
acute hospitals (AH, CGH, KKH, NUH, SGH and TTSH). The data are
tabulated to show the average figure as well as the 50th, 75th, 85th and
95th percentile figures. They will show if the trends for public
hospital bills are affordable. |
Second, Singaporeans' savings in their
Medisave Accounts. The data are tabulated to show the average figure as
well as the 50th, 75th, 85th and 95th percentile figures. They will show
if Singaporeans have sufficient savings in their Medisave Accounts to
pay for the expected hospital bills. |
Third, the number of Singaporeans who have
subscribed to MediShield Insurance. This will show if adequate numbers
of Singaporeans are protected financially against very large hospital
bills. |
Fourth, the total amount of Medifund
disbursed to needy patients in Singapore. This will show if the
safety net for the very needy patients is working. |
The 2005 data show that public
hospitals are affordable. This is especially so for the Class B2
and C wards. The average B2 and C bills are below $1,100. 95% of
all B2/C bills are below $3,500. Considering the high standard of
clinical care provided in our public hospitals, this is quite an
achievement. |
In addition, the data show that
Singaporeans, including many pensioners and those not working,
have significant savings in their Medisave Accounts. Half have
more than $9,000 of Medisave savings. On average, each Singaporean
has more than $13,000 of Medisave, sufficient to pay for several
episodes of B2/C hospitalisation. |
For large bills, there is MediShield
to help cover payment. Today, more than 77% of all Singaporeans,
or 90% of the working population, are covered by MediShield. |
Since the reform in July 2005,
MediShield is helping patients to cover about 60% of large medical
bills above $5,000. An Occasional Paper on MediShield reform
outcomes has been published on the MOH website. |
Finally, for the needy Singaporeans
who require special help, Medifund is there to assist them. In
2005, Medifund disbursed about $40 million of such financial
assistance. This was a 16% increase over 2004. |
MOH will continue to build on our
robust healthcare financing framework to make healthcare
affordable for Singaporeans. |
More..... |
Source:
www.moh.gov.sg Press Release
22 Aug 2006 |
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