Singapore Health Insurance
Singapore enjoys very a high quality of healthcare with some of the finest healthcare providers in the world. There is a finely balanced financing system that is comprised of mandatory payroll deductions, along with a national catastrophic health insurance plan as well as government subsidies and the regulation of healthcare supply and prices.
Singapore Insurance News
Hospitals in Singapore are renowned for their high quality of care and modernity. The country has 13 private hospitals as well as 7 public, government run hospitals and a number of polyclinics and health centers focusing on a variety of medical specialties. Public hospitals offer affordable, high quality medical services, which are available to every Singaporean resident.
The Medisave Account, into which an employee can expect to contribute 6.5-9 percent of their monthly paycheck, can be used to cover hospitalization related expenses, including some out-patient work including chemotherapy and radiotherapy as well as paying for Medishield premiums or Singapore medical insurance.