Healthcare

Better treatments at a cost

Higher government subsidies have kept a lid on rising prices for subsidised healthcare.
Higher government subsidies have kept a lid on rising prices for subsidised healthcare.ST FILE PHOTO

Healthcare costs have gone up significantly over the past decade, but not the out-of-pocket expenditure for subsidised patients.

Between 2011 and 2016, Singapore's average annual healthcare inflation rate was 2.4 per cent - far higher than the Organisation for Economic Co-operation and Development's average of 1.6 per cent.

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A version of this article appeared in the print edition of The Sunday Times on August 19, 2018, with the headline 'Better treatments at a cost'. Print Edition | Subscribe