Know About the Healthcare Facilities before Moving to Singapore

According to a report conducted by The Economist Intelligence Unit, Singapore is listed as the second most expensive city to live in the world. After knowing this, there is no doubt that healthcare in Singapore is expensive as well. However, in Singapore, healthcare is ranked one of the best in the world due to the government’s heavy investments in research universities to produce exceptional digital, consumer-driven healthcare for its citizens. This article further views the reasons why healthcare is so costly in Singapore.

Private vs. Public Sector: In Singapore, you have the option to select from a private or public healthcare facility. Your decision will eventually affect the price of your consultation. You will often find that private hospitals and clinics provide a price range higher than public ones. However, it appears that the difference has reduced over the years due to competition between both. Why is the private sector more costly? It offers a better service level, often with more privacy and less waiting time. It is the most opted choice for most of the expats living in Singapore and medical tourists.

No subsidized rates for expats: There are numerous subsidized healthcare services offered to Singapore citizens and permanent residents through government healthcare facilities. These services help citizens and PRS cover their medical bills. Expats coming to reside in Singapore may want to consider buying private health insurance.

The experience levels between doctors: You will at times have the opportunity to choose between witnessing a junior or a senior doctor. The medical system here, values experience, and time spent in practicing. Therefore, you can expect to pay a huge price with a more senior doctor.

High- quality of healthcare: As you may have understood so far, healthcare is expensive for expats in Singapore. This is partially due to the fact that medical facilities are covered with top-notch equipment and some of the most advanced technologies and brag a huge range of medical specialties, which means you will find an expert in a relevant field of medicine who is able to clearly communicate with you in English and at times in other languages too.

Cost of location and healthcare: When choosing a hospital or a clinic, location is the primary factor to consider. Depending on where it is, the prices might be on the higher side or may be lower. However, needing an excessive amount of travel for every consultation can be inconvenient. We often suggest finding doctors near your home or office, or children’s school just in case they need quick access to a clinic. So, consider taking out a comprehensive health insurance plan that would cover both you and your family’s outpatient and inpatient expenses.

For you to optimize your healthcare expenditures, you must consider the following factors: private vs. public facilities, private insurance vs. paying more than your pocket, experience of doctors, and balancing the feasibility vs. cost of a facility as per its location.

After knowing the top reasons why healthcare is costly in Singapore, you must know that they are counted amongst the best healthcare facility providers. So, if you are planning to relocate to Singapore, APML can assist with the most efficient moving services!