As healthcare needs, and consequently healthcare costs, differ greatly from one individual to another, it is "not meaningful" to focus on average expenses that an individual requires, said a spokesman for the Ministry of Health (MOH).
He was responding to queries from The Straits Times on the average amount that an individual should set aside at the age of 65 for healthcare needs, if one does not factor in means-tested assistance.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you