Parliament: Rate of growth in healthcare spending unsustainable, says Gan Kim Yong

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Singapore is pumping in more money than ever on healthcare, but continued spending at current rates will not be sustainable.. Read more at straitstimes.com.

Singapore is pumping in more money than ever on healthcare, but continued spending at current rates will not be sustainable.

Subsidies given out had also risen from $2.6 billion to $5.6 billion, pushing up government health expenditure, which increased by 2.4 times - from $3.9 billion to $9.3 billion. But this trajectory cannot be sustained, he said. Individuals have to do their part in keeping healthy, and the healthcare system has to transform the way it delivers care.While people here are living longer,"for every 10 years we live, we spend more than a year in illness", said Mr Gan.

 

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