Private insurers provide Integrated Shield Plans to help Singaporeans manage large medical expenses, but could more coverage lead to rising healthcare costs?
While stronger regulation might help control costs and improve efficiency, it could also push Singapore’s healthcare system towards a more standardised model, reducing patients’ freedom to choose how and where they receive care. Meanwhile, the fee-for-service system may encourage additional tests or treatments that raise costs without significantly improving outcomes.
Hear from Assoc Prof Alec Morton and Asst Prof Cynthia Chen as they share what this means for the future of healthcare in Singapore.
Photo credit: Channel News Asia