03-07-2013, 04:00 PM
A PRESENTATION ON HEALTH CARE INDUSTRY
HEALTH CARE.pptx (Size: 91.34 KB / Downloads: 20)
Introduction of health care
Healthcare in is mainly under the responsibility of the Singapore Government’s Ministry of Health.
Singapore was ranked 6th in the World Health Organization's ranking of the world's health systems.
A key principle of Singapore's national health scheme is that no medical service is provided free of charge, regardless of the level of subsidy, even within the public healthcare system.
Approximately 70-80% of
Singaporeans obtain their
medical care within the public
health system.
Overall government spending
on healthcare amounts to
only 3-4% of annual GDP,
partly because government
expenditure on healthcare in the private system is extremely low.
Role in economy of
Singapore’s real GDP grew 4.9% in 2011 but the government expects growth to slow to 1% to 3% in 2012.
Private medical groups will spend more than $270 million to build, expand and upgrade their healthcare facilities.
Health care sector in singapore stands at fourth position in contributing to their economy contributing to nearly about 15-18% of their earnings.
Comparative positio
Singapore has a well-developed medical equipment manufacturing industry,which is largely owned by multinationals, and 90 per cent of the production is for exports.
India, on the other hand, has only allowed foreign players to operate in thecountry as traders but not as manufactures.
During the regular meetings Round of WTO negotiations, India did not undertake commitments in health services.
Policy & norms of health care industry .
The United Nations' Universal Declaration of Human Rights (UDHR) says that ;
Everyone has the right to a standard of living adequate for the health and well-being of himself and his family.
Many types of health policies exist focusing on the financing of health care services to spread the economic risks of ill health. These include publicly funded health care, mandatory or voluntary private health insurance.
Export & import license
A licence from the Health Products Regulation Group (HPRG), Health Sciences Authority (HSA) is required before any consignment of controlled drug (eg. morphine, pethidine, heroin) can be imported or exported out of Singapore.
The firm/company should authorise a registered pharmacist to apply for the licence. The applicant should also have a legitimate and authorized use of the controlled drug(s) before the licence can be issued.
The main export license is provided by HAS.
conclusion
HSA is the main authority in healthcare industry of singapore.
Singapore is the 14th largest exporter and the 15th largest importer in the world.
According to the WTO, Singapore has the highest trade to GDP ratio in the world at 40.9 percent.
Singapore has ranked sixth by WTO in health care sevices .
India & singapore are continously supporting each other in this field by transfer of patients, doctors, several drugs etc.