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SRA (1) What are the positive and negative impacts of SRA? (pg236-240)…

- - - - Ensure healthcare cost is affordable
        
        Examples of healthcare financing policies for Singaporeans
        
        Healthcare subsidies
        
        Subsidies by Government
        
        Medisave
        
        especially for lower income groups
        
        pay their share of medical treatment without financial difficulty
        
        MediShield Life
        
        Pay for large hospitalisation bills
        
        Medifund
        
        acts as safety net for needy Singaporeans
        
        cannot afford to pay medical bills even after heavy subsidies
    - - Ensure lower income groups receive more support
        
        No Singaporean is denied access to the healthcare they need
    - - new schemes have been introduced
        
        help mitigate rising healthcare costs
        
        for elderly and lower income groups
    - - in 2014
        
        high outpatient subsides for specialist care and drugs were introduced
        
        at public hospitals and polyclinics
        
        help lower healthcare costs for lower to middle income families to ease financial burden
      - policies help to address rising socio-economic diversity
        
        ensure quality and affordable healthcare is available to all Singaporeans, regardless of income levels
  - - - elderly require higher intensity of medical care
        
        more likely to be hospitalised
        
        Ministry of Health (MOH) has been building new healthcare facilities and expanding services
        
        the changing needs of Singaporeans are being supported
    - - new hospitals in the pipeline
        
        Sengkang General and Community Hospitals
        
        there was 24% increase in number of general and community hospital beds
        
        from 7700 to 9500
        
        well-prepared healthcare
      - provide more quality healthcare to Singaporeans
        
        allow Singaporeans to receive the best healthcare treatment in their own country
- - - - -By 2030, 1 in 5 Singaporeans will be aged 65 and above
        -Ageing population be a stronger driver for healthcare demand
        -More likely to stay longer in hospitals when hospitalised
        -Impact the capacity of healthcare infrastructure
  - - - Medisave can only be used for the treatment of 19 treatments.
        
        Singaporeans currently have to contribute 8 to 10.5% of their monthly
        wages to Medisave but get back only a paltry 5.5 percent of total health expenditure.
      - Price of healthcare in Singapore is one of the numerous reasons why expatriates buy a private health insurance when moving here.
      - Singapore Healthcare divided into 2 sectors
        
        public hospitals
        
        more affordable
        
        longer waiting time ( 3 to 6 days for an appointment )
        
        lower fees generate more demand
        
        private healthcare
        
        make up 80% of Singapore's healthcare needs
        
        more luxurious services
        
        international highly experienced doctors
        
        more costly as they are free to set their own prices