Research Journal of Economics

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Phang Xue Ni Sendy Author

Subjects of specialization
Singapore healthcare system,Healthcare cost,Protection schemes,Government subsidies,IP claims

Affiliation
Business School, Coventry University, Singapore

Biography

Sendy Business School, Coventry University, Singapore. His publications include: Reisman D (2009) Social policy in an ageing society: age and health in Singapore. Cheltenham, UK.


Publications

Research Article Open Access

The Singapore Model of Managing Healthcare Cost

Author(s):

Phang Xue Ni Sendy and Ameen Talib

The Singapore healthcare system can be considered a successful system in relation to its efficiency and provision of world class services to Singaporean residents. One of the major factors that have contributed to the success of the Singapore Healthcare system has been how healthcare cost is managed. This paper seeks to evaluate how Singapore manages its healthcare cost. We compare how health cost is managed in Singapore, with that of the United States and Germany. The study found out that Singapore manages its healthcare cost through multiple protection schemes that are supplemented with private health insurance to cater for individual health cost. Individuals are the major contributors of th... view moreĀ»

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