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Signapore

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Submitted By jgonzalez5653
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Singapore’s Healthcare System Singapore is an island country located in Southeast Asia, between Indonesia and Malaysia with a population of 5.3 million. Recognized and praised for their electrical manufacturing industry, finance and healthcare, Singapore was named the third wealthiest nation in the world by Forbes Magazine for 2012. Singapore has established and received acclaim for a remarkable healthcare system. With government intervention, private sectors and programs that promote healthy living and prevention for citizens, Singapore’s Healthcare System has set a standard and model for the world to rival. While Singapore’s population is only 5.3 million people, a small country compared to others, citizens have a longer life expectancy, on average 84 years. In Mercer’s 2011 Quality of Life survey, Singapore placed 25th in the world. In determining quality of life rankings, focus is brought to political and social environment, housing, education, health and sanitation. There are three government branches that govern Singapore’s healthcare system, Minister of Health (MOH), which promotes health education and prevention, monitors accessibility and the quality of healthcare services. Second, Central Provident Fund (CPF) is responsible for Singapore’s social security savings plan. CPF safeguards working Singaporeans in their retirement, making sure they are able to sustain themselves after retirement. Workers are required to make contributions into three separate savings including a MediSave account. The third branch of government, Monetary Authority of Singapore (MAS), is Singapore’s central bank that oversees and regulates insurances for the sake of policyholders. Singapore’s citizens benefit from a world-class health system composed of public and private healthcare. The Ministry of Health sees to it that exceptional and affordable medical

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