Financing Health Care : Singapore’s Innovative Approach
Health care costs are escalating rapidly in many countries. While many factors contribute to rising costs, health insurance plays a part by shielding patients and physicians from the real cost. In an effort to contain costs, governments, employers,...
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| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2003/05/2459734/financing-health-care http://hdl.handle.net/10986/11299 |
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okr-10986-112992021-04-23T14:02:54Z Financing Health Care : Singapore’s Innovative Approach Taylor, Rob Blair, Simon HEALTH CARE FINANCE HEALTH CARE COSTS SUBSIDIES PRIMARY CARE HOSPITALS HEALTH CLINICS HEALTH INSURANCE APPLICATIONS CHEMOTHERAPY CLINICS CONSUMERS COVERAGE EXCHANGE RATES HEALTH CARE HEALTH CARE COSTS HEALTH FINANCING HEALTH INDICATORS HEALTH INSURANCE HEALTH NEEDS HEALTH OUTCOMES HEALTH SPENDING HEALTH SYSTEM HEALTH SYSTEMS HOSPITAL BEDS HOSPITAL CARE HOSPITALIZATION INCOME INDEMNITY INFANT MORTALITY INFANT MORTALITY RATE INSURANCE COVERAGE INSURANCE POOLS INSURERS MANAGED CARE MARKET FAILURES MEDICAL CARE MEDICAL COSTS MEDICAL SAVINGS ACCOUNTS MEDICAL SERVICES NURSING NURSING HOMES PATIENTS PHYSICIANS POLICYHOLDERS PREMIUMS PRIMARY CARE PRIVATE INSURANCE PRIVATE SECTOR PROGRAMS PUBLIC HOSPITALS PUBLIC SECTOR RADIOTHERAPY RATES SAVINGS SOLVENCY SURGERY SUSTAINABILITY TAX TAX INCENTIVES TAX REVENUE Health care costs are escalating rapidly in many countries. While many factors contribute to rising costs, health insurance plays a part by shielding patients and physicians from the real cost. In an effort to contain costs, governments, employers, and insurers have modified payment schemes and coverage, often leading to rationing and restricted consumer choice and in some cases to denial of care. Singapore is unique among developed countries in achieving excellent health outcomes at a low economic cost. Part of its success may be attributable to its health financing system, which combines individual responsibility with targeted subsidies. Despite Singapore's small size, with only 3.2 million residents in a land area of 660 square kilometers, the country has been a stellar economic performer, rising from impoverishment only 40 years ago. Its per capita GDP, US$427 in 1960, rose to US$24,740 in 2000, one of the highest in the world. Singapore's health indicators are equally impressive. Its average life expectancy increased by 15 years from 1960 (63 years) to 2001 (78) and is now one of the world's longest. Its infant mortality rate is the world's lowest, at 2.2 per 1,000 live births, much improved from 6.6 in 1990 (and 34.9 in 1960) and far lower than rates in most other countries. Both the public and the private sector provide health care in Singapore. The public sector provides 20 percent of primary care and 80 percent of hospital care through two integrated care networks. The private sector dominates primary health care, providing 80 percent through its 1,900 clinics. The 13 private hospitals account for 20 percent of inpatient admissions. Singapore has 11,800 hospital beds (3.7 per 1,000 people). 2012-08-13T14:41:37Z 2012-08-13T14:41:37Z 2003-05 http://documents.worldbank.org/curated/en/2003/05/2459734/financing-health-care Viewpoint. -- Note no. 261 (May 2003) http://hdl.handle.net/10986/11299 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research East Asia and Pacific Singapore |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
HEALTH CARE FINANCE HEALTH CARE COSTS SUBSIDIES PRIMARY CARE HOSPITALS HEALTH CLINICS HEALTH INSURANCE APPLICATIONS CHEMOTHERAPY CLINICS CONSUMERS COVERAGE EXCHANGE RATES HEALTH CARE HEALTH CARE COSTS HEALTH FINANCING HEALTH INDICATORS HEALTH INSURANCE HEALTH NEEDS HEALTH OUTCOMES HEALTH SPENDING HEALTH SYSTEM HEALTH SYSTEMS HOSPITAL BEDS HOSPITAL CARE HOSPITALIZATION INCOME INDEMNITY INFANT MORTALITY INFANT MORTALITY RATE INSURANCE COVERAGE INSURANCE POOLS INSURERS MANAGED CARE MARKET FAILURES MEDICAL CARE MEDICAL COSTS MEDICAL SAVINGS ACCOUNTS MEDICAL SERVICES NURSING NURSING HOMES PATIENTS PHYSICIANS POLICYHOLDERS PREMIUMS PRIMARY CARE PRIVATE INSURANCE PRIVATE SECTOR PROGRAMS PUBLIC HOSPITALS PUBLIC SECTOR RADIOTHERAPY RATES SAVINGS SOLVENCY SURGERY SUSTAINABILITY TAX TAX INCENTIVES TAX REVENUE |
| spellingShingle |
HEALTH CARE FINANCE HEALTH CARE COSTS SUBSIDIES PRIMARY CARE HOSPITALS HEALTH CLINICS HEALTH INSURANCE APPLICATIONS CHEMOTHERAPY CLINICS CONSUMERS COVERAGE EXCHANGE RATES HEALTH CARE HEALTH CARE COSTS HEALTH FINANCING HEALTH INDICATORS HEALTH INSURANCE HEALTH NEEDS HEALTH OUTCOMES HEALTH SPENDING HEALTH SYSTEM HEALTH SYSTEMS HOSPITAL BEDS HOSPITAL CARE HOSPITALIZATION INCOME INDEMNITY INFANT MORTALITY INFANT MORTALITY RATE INSURANCE COVERAGE INSURANCE POOLS INSURERS MANAGED CARE MARKET FAILURES MEDICAL CARE MEDICAL COSTS MEDICAL SAVINGS ACCOUNTS MEDICAL SERVICES NURSING NURSING HOMES PATIENTS PHYSICIANS POLICYHOLDERS PREMIUMS PRIMARY CARE PRIVATE INSURANCE PRIVATE SECTOR PROGRAMS PUBLIC HOSPITALS PUBLIC SECTOR RADIOTHERAPY RATES SAVINGS SOLVENCY SURGERY SUSTAINABILITY TAX TAX INCENTIVES TAX REVENUE Taylor, Rob Blair, Simon Financing Health Care : Singapore’s Innovative Approach |
| geographic_facet |
East Asia and Pacific Singapore |
| relation |
Viewpoint |
| description |
Health care costs are escalating rapidly
in many countries. While many factors contribute to rising
costs, health insurance plays a part by shielding patients
and physicians from the real cost. In an effort to contain
costs, governments, employers, and insurers have modified
payment schemes and coverage, often leading to rationing and
restricted consumer choice and in some cases to denial of
care. Singapore is unique among developed countries in
achieving excellent health outcomes at a low economic cost.
Part of its success may be attributable to its health
financing system, which combines individual responsibility
with targeted subsidies. Despite Singapore's small
size, with only 3.2 million residents in a land area of 660
square kilometers, the country has been a stellar economic
performer, rising from impoverishment only 40 years ago. Its
per capita GDP, US$427 in 1960, rose to US$24,740 in 2000,
one of the highest in the world. Singapore's health
indicators are equally impressive. Its average life
expectancy increased by 15 years from 1960 (63 years) to
2001 (78) and is now one of the world's longest. Its
infant mortality rate is the world's lowest, at 2.2 per
1,000 live births, much improved from 6.6 in 1990 (and 34.9
in 1960) and far lower than rates in most other countries.
Both the public and the private sector provide health care
in Singapore. The public sector provides 20 percent of
primary care and 80 percent of hospital care through two
integrated care networks. The private sector dominates
primary health care, providing 80 percent through its 1,900
clinics. The 13 private hospitals account for 20 percent of
inpatient admissions. Singapore has 11,800 hospital beds
(3.7 per 1,000 people). |
| format |
Publications & Research :: Viewpoint |
| author |
Taylor, Rob Blair, Simon |
| author_facet |
Taylor, Rob Blair, Simon |
| author_sort |
Taylor, Rob |
| title |
Financing Health Care : Singapore’s Innovative Approach |
| title_short |
Financing Health Care : Singapore’s Innovative Approach |
| title_full |
Financing Health Care : Singapore’s Innovative Approach |
| title_fullStr |
Financing Health Care : Singapore’s Innovative Approach |
| title_full_unstemmed |
Financing Health Care : Singapore’s Innovative Approach |
| title_sort |
financing health care : singapore’s innovative approach |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2003/05/2459734/financing-health-care http://hdl.handle.net/10986/11299 |
| _version_ |
1764416234217013248 |