High claims, low margins: How sustainable is Singapore's health insurance?
20 min
Healthcare in Singapore is not cheap, and those rising costs are hitting both patients and insurance companies. Genevieve Cua speaks to Dr Jeremy Lim, CEO & co-founder of healthcare start-up AMILI, to discuss these growing pressures in the country’s healthcare eco-system, and what needs to be done to tame higher costs. They also discuss the evolving insurance market in the face of better technology, and about moving upstream, shifting away from treatment to preventative care to create a healthier population. Synopsis: Learn to protect and grow your wealth in this monthly Business Times podcast series for affluent individuals, hosted by BT wealth editor Genevieve Cua. 01:31 What’s wrong with the current market 05:46 How insurers have evolved 11:08 The need for preventative care 14:22 Singapore's public healthcare systems 16:29 Making sustainable healthcare infrastructure --- Send your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg. --- Written and hosted by: Genevieve Cua (gen@sph.com.sg) With Dr Jeremy Lim, CEO & co-founder, AMILI Edited by: Rachna Raghu & Claressa Monteiro Produced by: Genevieve Cua, Rachna Raghu & Nicole Teo A podcast by BT Podcasts, The Business Times, SPH Media --- Follow BT Correspondents: Channel: bt.sg/btcobt Amazon: bt.sg/btcoam Apple Podcasts: bt.sg/btcoap Spotify: bt.sg/btcosp YouTube Music: bt.sg/btcoyt Website: bt.sg/btcorresp Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. --- Discover more BT podcast series: BT Money Hacks: bt.sg/btmoneyhacks BT Podcasts: bt.sg/pcOM BT Market Focus: bt.sg/btmktfocus BT Lens On: bt.sg/btlenson See omnystudio.com/listener for privacy information.
