September 17, 2013

How to deal with the relationship between efficiency and equity in the process of Singapore’s health-care financing system reform? A/P Tilak Abeysinghe , director of the Singapore Centre for Applied and Policy Economics at the Department of Economics, National University of Singapore, and his student, Yang Shu Wen, found that personal responsibility plays an important role in preventive health-care practices, because Singaporeans are more likely to adopt healthy lifestyles for fear of the high medical bills. However, it does not suggest that the policymakers should place excessive health-care financing burdens on individuals.