Some practical ways to rein in rising healthcare costs, premiums

Healthcare costs continue to rise, and Singaporeans are bound to be concerned when they see their hospital bills and medical insurance premiums go up year after year.

Some reasons for this are structural and there’s little we can do about them. We are now merely a year away from

super ageing status,

as the proportion of the population aged 65 and above is estimated to hit 21 per cent in 2026. By 2030, one in four will be aged 65 and above.