It is cheaper to DIE than to fall sick in Singapore
The above is a phrase all so familiar amongst us Singaporeans.
According to a study by AON, the gross medical inflation rate of Singapore stood at a high 10% in the year 2016 and 10% in the year 2017. Both numbers exceeded the global rate, where annual gross medical inflation rate is at 8.4%.
source: AON
Most of us Singaporeans grew up knowing that healthcare is expensive, yet, little of us can really put an exact number on those costs and better plan for these unfortunate circumstances.
How expensive is expensive? Enough to wipe out my bank account?
Hospitalisation Bills As A WholeFor a start, we take a look at the average hospital bills that Singaporeans. We derive this number from looking at all the average cost of hospitals in Singapore to give Singaporeans a good
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