Originally Posted by W*GS
Why? Is there a law that says that Singaporeans must save for medical expenses?
Are there price controls?
1. What do you think is better, forcing to pay a penalty (that you will never see again) without receiving any services? Or be forced to save 6% of your paycheck (that can be used for retirement)? It's like an HSA/401k.
2. There are ONLY price controls in the heavily regulated hospital sector, not in the largely unregulated free-market private practice sector.