July 29 2024 by Foundation Healthcare Holdings
Media Publication: ChannelNewsAsia Deep Dive Podcast
Topic: Are generous health insurance policies inflating medical costs?
Date of Publication: Jul 29 2024
Foundation's CEO Liaw Yit Ming was recently featured on ChannelNewsAsia (CNA)'s Deep Dive podcast alongside hosts Steven Chia, Crispina Robert, and Providend's CEO Christopher Tan.
Yit Ming shared his thoughts on the intricate relationship between healthcare insurance and healthcare costs in Singapore:
a. Achieving scalable and sustainable impact will require all ecosystem players to work collaboratively;
b. Rising healthcare costs cannot be pinned on doctors alone - reliable systems already exist to guide fee schedules, and insurers and third-party administrators similarly adjudicate costs; and
c. Foundation Healthcare Holdings is fully prepared to support Minister Ong's call and partner stakeholders to improve insurance product design
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