Government Health Expenditure and Healthcare Financing

04 Aug 2023

Government Health Expenditure and Healthcare Financing

Government Health Expenditure

 FY18  FY19  FY20
Operating Expenditure ($m)  8,937  9,917  14,314
Development Expenditure ($m)  1,490  1,404  949
Government Health Expenditure 1 ($m)  10,122.7  11,147.1  15,202.8
Government Health Expenditure 1 (as % of GDP)  2.1  2.2  3.2

Notes:
1 -  Includes expenditure from endowment funds and excludes government transfers.

Healthcare Financing

   2019    2020     2021
Medisave  
No. of Accounts (m)      3.6      3.7       3.8
Total Medisave Balance ($b)     102.0    110.1     117.6
Average Balance per Account ($)   27,900    29,600    31,000
Amount Withdrawn for Direct Medical Expenses ($m)     1,089    1,007     1,115
MediShield Life& Integrated Shield Plans 1  
No. of MediShield Life Policyholders ('000) All SC/PR All SC/PR  All SC/PR
No. of Policyholders with
Private Integrated Shield plans ('000)
    2,801     2,830     2,864
ElderShield  
► No. of ElderShield Policyholders ('000)     1,404    1,399     829
► No. of ElderShield Policyholders with Supplements ('000)       533      551       719
 
   FY19    FY20      FY21
Medifund  
► No. of Applications Approved 2 ('000)    1,216    1,151         1,237
► Approved Assistance to Patients ($m)    159.1   156.9         164.1

Notes:

1  MediShield Life replaced MediShield from 1 Nov 2015.  All Singapore Residents are automatically covered under MediShield Life.  Prior to 2015, figures refer to MediShield Scheme

2 In the past years, applications for all ILTC services were classified together as a category. For FY12, Medifund applications for ILTC services were further differentiated into three types of services - i) Non-Residential Services (by attendances), ii) Intermediate Term Residential Services (by admissions), iii) Long Term Residential Services (by bed months) - to better reflect the different nature of the services. The number of ILTC Medifund and Medifund Silver applications in FY12 is a summation of these services in their respective units. Hence FY12 ILTC figures onwards are not comparable with preceding years. 

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