Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Compulsory Savings and the Singapore Health System
1. Why Ireland Needs to Study the Singapore Health System A Case Study in Health Care Expenditure:
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8. 2. General Comparison Ireland Singapore Gained independence 1922 1965 Population 4,422,100 4,657,000 Size 70280 km 2 710 km 2 Population density 60/km 2 6,814/km 2 GDP $191.9 Billion $241.1 Billion GDP per capita $46,200 $51,600 Human development index 0.962 0.918
10. Labour Force and Population Ireland Singapore Labour force 2,200,000 2,960,000 Agriculture 6% 0% Industry 27% 23% Services 67% 77% Median age 35 39 0-14 years 20.9% 14.4% 15-64 years 67.1% 76.7% 65+ years 12.0% 8.9% Fertility rate 1.85 1.09 Birth rate (per 1,000) 14.3 9.0 Death rate (per 1,000) 7.8 4.5
11. Health Personnel Ireland (2006) Singapore (2003) Nursing and midwifery personnel 81,901 19,090 Nursing and midwifery personnel per 1,000 19.50 4.50 Number of physicians 12,394 6,380 Physicians density per 1,000 2.90 1.50 Number of dentistry personnel 2,414 1,190 Dentistry personnel density per 1,000 0.6 0.3 Number of pharmacy personnel 3,565 1,280 Pharmacy personnel density per 1,000 0.9 0.3
12. Health Indicators Ireland Singapore Life expectancy 78.2 82.0 Male 75.6 79.4 Female 81.1 84.9 Infant mortality/1000 live births 5.14 2.31 Mortality between 15 and 65 per 1,000 m/f 88/56 83/50 Health care expenditure per capita $3,125 $1,140 HCE as % of GDP 8.2 % 3.5% HCE as % of government expenditure 27.0% 7.0%
16. Public/Government Sector Not-for-Profit/Voluntary Sector Private/Commercial Sector 3. The Singapore Health System Primary Care Health Centres/ Polyclinics Secondary Care General Hospitals/ Outpatient Clinics Tertiary Care Specialist Hospitals/ National Centres Public Health Services Legislation, Regulation and Enforcement/ Health Promotion/ Preventative Services Private Hospitals/Groups Private Practitioners Ministry of Health Department of Health
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18. Instill personal and family responsibility (Cost-sharing) + Ensure future sustainability with ageing and avoid inter-generational problems (Savings) + Achieve risk-pooling and social protection (Insurance) + Target subsidies and equitable distribution (Taxation) Healthcare Financing Strategies
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21. Individuals Health Care Providers Health Care Services Government Medisave Insurer Medifund Medishield Tax Direct payment and co-payment Contribution through CPF Premium Injection Payment Public expenditure Payment Payment Claims Payment Premium
22. Sources of Healthcare Financing in Singapore Medisave 8% Medishield 2% Private Insurance 5% Out of pocket 25% Government subsidies 25% Employer Benefits 35%
23. 4. The Central Provident Fund Employers Employees Medisave Accounts Central Provident Fund Ordinary Accounts Special Accounts Medical Expenses, Health Insurance Premiums Retirement Savings Housing, Insurance, Third-Level Education, Approved Investments
42. Strongly Agree Agree Neutral Disagree Strongly Disagree I should be personally responsible for my own health. 15.7 78.4 3.7 2.2 - It is my personal responsibility to build my own savings to help pay for my healthcare expenses. 4.2 68.6 15.1 11.1 1.0 It is my personal responsibility to buy medical insurance to help me pay for high medical bills. 3.6 54.3 26.2 15.2 0.7 The government should fix the price of medicines in Singapore. 14.4 52.1 21.2 11.4 0.9 Medisave should be used mainly for the person whose account it is 1.4 24.6 9.4 51.1 13.5 Medisave should be used at the discretion of the account holder 15.8 66.0 8.7 9.2 0.3 I am familiar with the way the healthcare system in Singapore works. 1.6 43.6 31.8 22.1 0.9 Healthcare in Singapore is generally affordable. 1.3 43.8 25.6 26.6 2.7 Singapore has a good healthcare system. 4.8 72.1 15.4 7.5 0.2