23-04-2024, 01:19 PM
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Specialist wait times data show patients are waiting years for crucial appointments
23-04-2024, 03:02 PM
The current state of public healthcare here means more S'poreans will turn to the private sector. The free market in health care is one of the main reasons for the phenomenal rise in charges. In the presence of imperfect competition, medical care must not be dependent on market forces. The sick are at the mercy of their doctors as they may not be in the correct frame of mind nor possess the required time and knowledge to compare prices.
23-04-2024, 03:18 PM
(23-04-2024, 03:02 PM)EvertonDiehard Wrote: The current state of public healthcare here means more S'poreans will turn to the private sector. The free market in health care is one of the main reasons for the phenomenal rise in charges. In the presence of imperfect competition, medical care must not be dependent on market forces. The sick are at the mercy of their doctors as they may not be in the correct frame of mind nor possess the required time and knowledge to compare prices.
I am talking about Australia…in Spore we are also facing similar situation when elderly have to wait for 2-3 months to book next appointment with a doctor in hospital. Going private is extremely expensive as they increase prices rapidly, for a day surgery of knee, it costs $30k-40k, afterwards every time you visit the doctor for follow up consultation you will be charge $2k per visit.
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