Transforming Malaysian Healthcare

PICTURE this: a middle-income individual requires specialist medical attention. Under the current dual-tiered healthcare system, he has the option of going to a government-led, public-funded hospital or a thriving private hospital with first-class facilities and shorter waiting time.

Which option would he choose? This depends on three important factors: cost involved, service quality and urgency/complexity of the medical situation. But one fact remains: he will likely be faced with a higher medical bill than ever before. The cost of healthcare has rapidly escalated in the last decade. How expensive will it be in the next five to 10 years?

http://biz.thestar.com.my/news/story.asp?file=/2010/10/7/business/7174463&sec=business

My observation
Malaysia is now grappling with the issues faced by Singapore earlier. Perhaps they can learn the mistakes to avoid and find a way to better manage the escalation in health care cost.