Government Health Expenditure and Healthcare Financing

20 Mar 2024

Government Health Expenditure and Healthcare Financing

Government Health Expenditure

 FY19  FY20 FY21
Operating Expenditure ($m)  9,917  14,314 16,274
Development Expenditure ($m)  1,404  949 1,049
Government Health Expenditure 1 ($m)  11,147.1  15,202.8 16,883.5
Government Health Expenditure 1 (as % of GDP)  2.2  3.2 2.9

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Amount Withdrawn for Direct Medical Expenses ($m) 1,089 1,007 1,115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)
2,8012,8302,864
ElderShield  
► No. of ElderShield Policyholders ('000) 1,4041,399 829
► 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) 159.1156.9 164.1

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. 

na - not available

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