Choices in financing health care and old age security: proceedings of a conference sponsored by the Institute of Policy Studies, Singapore, and the World Bank, November 8, 1997, Issue 392
World Bank, 1998 - Medical - 101 pages
In November 1997 the World Bank and Singapore's Institute of Policy Studies sponsored a conference, "Financing Health Care and Old Age Security", to assess and identify potential solutions to these concerns. It addressed a topic of concern to nearly every country, developing and industrial, that is, how to deal with the implications of financing medical care and income security for rapidly aging populations. The issues identified and the solutions proposed can provide insight and guidance for policymakers, researchers, and others interested in addressing these challenges now. Of special interest are the contributors' analyses of Singapore's unique, integrated approach to managing social risk, which is based on mandatory individual savings accounts.
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International Comparison of Medical Savings Accounts
A Case Study of Singapore
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age group Aging Populations ance Asia assets balance benefits capital Central Provident Fund Chile Choices in Financing copayments coverage covered deductible defined contribution demand demographic disease economic effects efficiency elderly employers equity financial market Financing Health funded system growth health care expenditures health care financing health financing health insurance hospital ical incentives income increase individual inpatient insurance schemes intergenerational investment issue labor long-term managed mandatory medical savings accounts Medicare Medifund Medisave account Medishield ment minimum sum Ministry of Health moral hazard national health expenditure needs OECD Old Age Security older patients pension funds pension reform percent of GDP plans private saving problems programs Provident Fund members retirement revenues risk second pillar Security Financing senior citizens share Singapore dollars Singapore's sion Social health insurance social security systems Source spending subsidies tion transition voluntary workers World Bank Yeo Cheow Tong