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Centre for Policy on Ageing | |
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| Health and long-term care financing in Singapore | | Author(s) | Kai Hong Phua |
| Journal title | Hallym International Journal of Aging, vol 5, no 1, 2003 |
| Pages | pp 55-70 |
| Source | http://baywood.com |
| Keywords | Health services ; Services ; Long term ; Finance [care] ; Social welfare ; Social policy ; Singapore. |
| Annotation | Health and long-term care for the ageing population are becoming more critical in many Asian countries that have undergone rapid demographic transition. These factors make it necessary to plan for appropriate and cost-effective services. The study of new and innovative approaches to the organisation and financing of healthcare that is integrated with long-term care would provide useful lessons for rapidly ageing societies. To avert the intergenerational problems posed by rapid population ageing, the Singapore system has developed a mix of pillars to support the basic functions of old age security: redistribution, insurance, and savings. As health care needs are projected to intensify in the rapidly ageing societies of Asia, a similar mix of financing methods could be developed to offer more protection while promoting economic growth. These considerations have formed the basis for the existing mixed system of integrating old age security and health care financing to the Singapore model, including recent plans for long-term care. Can elements of a mixed health care financing system that is based on a combination of savings, social insurance and taxation be adapted to address the special needs of a growing number and proportion of the older population in Asia? (RH). |
| Accession Number | CPA-040811209 A |
| Classmark | L: I: 4Q: QC: TY: TM2: 7XD |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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