Healthcare Spending and Funding Sources

Debated in Parliament on 13 May 2013.

Summary written by AI (learn more)

Gerald Giam asked the Minister for Health to provide healthcare spending breakdown for the last 10 years across nine funding sources including government subsidies, MediSave, MediShield, ElderShield, MediFund, private and employer insurance, other employer benefits, out-of-pocket cash, and other funding.
Gan Kim Yong explained that National Health Expenditure (NHE) covers inpatient and outpatient care, primary care, long-term nursing, health products, traditional medicine, and spending by both residents and foreigners.
From 2002 to 2011, NHE grew at an average of 9% per year, while Government Health Expenditure (including Medifund, Medisave withdrawals, and MediShield claims) grew faster at over 11% annually.
In 2011, ElderShield payouts were $10 million and are expected to rise with population aging, while Integrated Shield Plans paid out about $0.2 billion.
The remainder of funding includes private medical insurance, employer benefits, Civil Service medical benefits, charitable donations, and out-of-pocket payments, including by foreign medical tourists.

Questions identified by AI (learn more)

Full Transcript

Gerald Giam Yean Song

Mr Gerald Giam Yean Song asked the Minister for Health what is the healthcare spending in each of the last 10 years for the funding sources of (i) Government subsidies, (ii) MediSave, (iii) MediShield, (iv) ElderShield, (v) MediFund, (vi) private and employer insurance, (vii) other employer benefits, (viii) out-of-pocket cash and (ix) other funding.

Gan Kim Yong

National health expenditure (NHE) covers not just basic healthcare services, such as inpatient and outpatient hospital care, visits to primary care doctors and long-term nursing care, but also includes consumption of health products, for example, pharmaceutical drugs, over-the-counter health supplements, Chinese herbs, consumables, such as dressings and appliances, such as mobility aids, as well as other healthcare services, for example, traditional and complementary medicine and therapy. It also includes spending by not just residents, but also foreigners.

The table below shows Singapore's NHE in each of the last 10 years, and the main components – Government Health Expenditure (GHE) which includes Medifund assistance, Medisave withdrawals and MediShield claims.

From 2002 to 2011, national healthcare spending increased by an average of 9% per annum, while Government healthcare spending grew faster, by more than 11% per annum.

In 2011, ElderShield payouts amounted to $10 million and this is expected to increase over time as the population ages. In addition, Integrated Shield Plans paid out about $0.2 billion. The remainder includes other third-party payers, such as private medical insurance, employers' benefits for employees, Civil Service medical benefits, charitable donations, as well as out-of-pocket payments, including spending by foreign medical tourists.

Summary written by AI (learn more)

Gerald Giam asked the Minister for Health to provide healthcare spending breakdown for the last 10 years across nine funding sources including government subsidies, MediSave, MediShield, ElderShield, MediFund, private and employer insurance, other employer benefits, out-of-pocket cash, and other funding.
Gan Kim Yong explained that National Health Expenditure (NHE) covers inpatient and outpatient care, primary care, long-term nursing, health products, traditional medicine, and spending by both residents and foreigners.
From 2002 to 2011, NHE grew at an average of 9% per year, while Government Health Expenditure (including Medifund, Medisave withdrawals, and MediShield claims) grew faster at over 11% annually.
In 2011, ElderShield payouts were $10 million and are expected to rise with population aging, while Integrated Shield Plans paid out about $0.2 billion.
The remainder of funding includes private medical insurance, employer benefits, Civil Service medical benefits, charitable donations, and out-of-pocket payments, including by foreign medical tourists.

Questions identified by AI (learn more)

Healthcare Spending and Funding Sources | PAPERCUTS

Healthcare Spending and Funding Sources

Debated in Parliament on 13 May 2013.

Summary written by AI (learn more)

Gerald Giam asked the Minister for Health to provide healthcare spending breakdown for the last 10 years across nine funding sources including government subsidies, MediSave, MediShield, ElderShield, MediFund, private and employer insurance, other employer benefits, out-of-pocket cash, and other funding.
Gan Kim Yong explained that National Health Expenditure (NHE) covers inpatient and outpatient care, primary care, long-term nursing, health products, traditional medicine, and spending by both residents and foreigners.
From 2002 to 2011, NHE grew at an average of 9% per year, while Government Health Expenditure (including Medifund, Medisave withdrawals, and MediShield claims) grew faster at over 11% annually.
In 2011, ElderShield payouts were $10 million and are expected to rise with population aging, while Integrated Shield Plans paid out about $0.2 billion.
The remainder of funding includes private medical insurance, employer benefits, Civil Service medical benefits, charitable donations, and out-of-pocket payments, including by foreign medical tourists.

Questions identified by AI (learn more)

Full Transcript

Gerald Giam Yean Song

Gan Kim Yong

From 2002 to 2011, national healthcare spending increased by an average of 9% per annum, while Government healthcare spending grew faster, by more than 11% per annum.

Summary written by AI (learn more)

Gerald Giam asked the Minister for Health to provide healthcare spending breakdown for the last 10 years across nine funding sources including government subsidies, MediSave, MediShield, ElderShield, MediFund, private and employer insurance, other employer benefits, out-of-pocket cash, and other funding.
Gan Kim Yong explained that National Health Expenditure (NHE) covers inpatient and outpatient care, primary care, long-term nursing, health products, traditional medicine, and spending by both residents and foreigners.
From 2002 to 2011, NHE grew at an average of 9% per year, while Government Health Expenditure (including Medifund, Medisave withdrawals, and MediShield claims) grew faster at over 11% annually.
In 2011, ElderShield payouts were $10 million and are expected to rise with population aging, while Integrated Shield Plans paid out about $0.2 billion.
The remainder of funding includes private medical insurance, employer benefits, Civil Service medical benefits, charitable donations, and out-of-pocket payments, including by foreign medical tourists.

Questions identified by AI (learn more)

Healthcare Spending and Funding Sources

Summary

Questions Identified

Full Transcript

Gerald Giam Yean Song

Gan Kim Yong

Summary

Questions Identified

Healthcare Spending and Funding Sources

Summary

Questions Identified

Full Transcript

Gerald Giam Yean Song

Gan Kim Yong

Summary

Questions Identified