Health Insurance Reforms In Singapore And Hong Kong
The government has again highlighted public private partnership and mandatory medical insurance as key elements in a reform of hong kong s health care system.
Health insurance reforms in singapore and hong kong. 1 meanwhile the waiting time to see a public hospital specialist ranges from 1 to 2 years 2 and spending on. The reform contents are shaped by their respective sociopolitical and demographic dynamics. Together these serve roughly 7 4 million people.
2 the combined male female life expectancy is the third highest in the world. How the two ageing asian tigers respond to health financing challenges health policy 10 1016 j healthpol 2018 04 012 122 7 693 697 2018. Singapore has achieved universal health coverage with the transition to medishield life.
Hong kong s voluntary health insurance scheme is associated with major flaws. Hong kong hk has been determined to be one of the healthiest places in the world. Hong kong has been behind singapore in establishing an ils regime singapore launched its regime in february 2018 and the first catastrophe bond cat bond was issued there in early 2019.
The aging population in hong kong means rising demand for healthcare products and services. Asia is considered as the next frontier for ils growth. While singapore has transitioned to universal health coverage with the implementation of medishield life msl hong kong is about to introduce the voluntary health insurance scheme vhis to supplement its health care financing.
Hong kong related health articles public private health services related health articles editors picks. Singapore and hong kong recently embarked on major health financing reforms. Over the past years there seemed to be a growing imbalance between the public and private sectors with public hospitals handling 88 in patient cases in the city.
Here are 8 things to know about the healthcare system in hong kong. Jason dean chen yin alex jingwei he health insurance reforms in singapore and hong kong. 1 because of its early health education professional health services and well developed health care and medication system residents of hong kong enjoy a life expectancy of 85 9 years for women and 80 years for men.