Transparency In Public And Private Hospitals Dropped Down Lasik Surgery Fees
Greater transparency in both public and private hospitals is in the pipeline, in Singapore.
Public hospitals already publishe their rates online and soon private hospitals will have to do the same.
The hospitals will also have to provide qualitative outcome data, such as surgery complication rates.
Health Minister Khaw Boon Wan said in Parliament, that they have so far joined the initiative on a voluntary basis, but the submitted data is often incomplete and sometimes misleading. Fullest cooperation to disclose hospital bills on a fully comparable basis is required from the hospitals when they submit Medisave claims on behalf of their patients. Such transparency will also help convince their foreign patients that Singapore offers very competitive pricing for healthcare services.
Making the market work better is the best way to help manage healthcare costs. When customers vote with their feet, healthcare providers will sit up and work to fight the competition. That was how Lasik surgery fees dropped from S$2,300 on average in 2003 to below S$1,400 now, saving patients' nearly a thousand dollars per surgery.
The healthcare system will also be transformed to provide more care for patients with chronic illnesses.
Filed under Eye Treatment, Lasik Eye Surgery
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March 9th, 2006 at 4:10 am
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