Thursday, November 12, 2009

How is an individual responsible for his own healthcare?

Individuals are all asked to be responsible for their own medical health by putting aside a sum of money as medical expenses. With the introduction of the Medisave scheme, every working individual are required by law to set aside 6% - 8% of his monthly income into his medisave account which can be used to pay for medical expenses incurred by himself or immediate family members. MediShield, a catastrophic illness insurance scheme, is designed to help individuals meet the medical expenses from major or prolonged illnesses. Medifund acts as a safety net of last resort for those who are truly indigent. Therefore no individual will be rejected any medical services from any hospitals for the reason of inability to pay. Waiting time for elective operation is between 2 to 4 weeks on average. Patients requiring emergency or urgent surgery are always admitted immediately without any waiting.

(Taken from http://www.thesingaporean.com/)

1 comment:

  1. This post is more on our government's role in helping us cope with healthcare costs.

    ReplyDelete