Global Trends |
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South
Korea South
Korea is one of Asia’s biggest healthcare spenders -an expenditure at US$620
per head in 1996 and an estimated US$700 per head in 1997. The ratio of total
healthcare spending to GDP rose from 2.7% in 1972, to 4.6% in 1990 and about 5%
in 1996. As
the population grows and ages, demands on medical
services has similarly increased as can be seen in the country’s rising
healthcare expenditures; and the government is not only increasing its spending
but it has also taken great initiatives towards improving its healthcare
facilities. The
Ministry of Health and Welfare has been steadily exploring how information
technology can be used to improve medical insurance services, and enhance
operational efficiency. It is also actively seeking direct foreign investment in
the healthcare industry. To date, a record of US$*.9 billion has been invested
in 1998 and as new opportunities (such as privatisation of facilities) occurs,
the government hopes it to attract a further US$15 billion towards the
reinforcement of the country’s healthcare facilities.
India
With
an increase of 4.6% (US$20.5 million) of total health expenditure in 1995, India
is making quantum leaps towards a more progressive healthcare industry. The
country with a population base of 1 billion, plans to concentrate on the quality
of healthcare available in the private sector. This includes the setting up of
an education programme for doctors, nurses and hospital managers. In this
respect, a number of India’s up-and-coming private halthcare facilities are
establishing in-house training schemes. In addition, the government is also
making great efforts in improving the healthcare quality for the
underprivileged. Additional facilities such as X-ray and homeopathy will be
introduced into charitable eye and medical centres.
Hong
Kong
In
1996/97, total healthcare expenditure accounted for 4.6% of Hong Kong’s GDP.
In comparison to this, healthcare in 1999/2000 will receive a 14.6% share of
recurrent (day-to-day) public expenditure, climbing to HK$30 billion from
HK$28.8 billion in 1998-99. Total public spending on health will rise by 4.5% to
HK$32.7 billion or 11.3% of total public expenditure. The
country’s generous healthcare package is due in part to Hong Kong’s economic
prosperity. This has allowed the country to finance its healthcare expenses in
an enviable manner - it has the highest subsidy
rate in the world for in-patient care. Control is achieved through a
fixed annual budget allocation to the Hospital Authority, which manages Hong
Kong’s 46 public hospitals and institutions and 50 specialist out-patient
centres, oversees 93% of hospital-based services and employs 60% of Hong Kong
doctors.
Taiwan
Taiwan’s
growing healthcare delivery owes itself to an efficient government that is keen
on providing the best for its people. The government’s healthcare expenditure
has seen an annual growth rate of 10-15%. Total healthcare expenditures for the
country rose from NT$221 million to NT$360 million in 1995. Likewise the
expenditure as a percentage of the GDP - from 4.2% in 1990 to 5.2% in 1995. As the government is a keen advocate of information technology and telecommunications, plans are underway to enhance the medical industry with technological innovations. An example of this can be seen with the proposed public issue of a multi-purpose smart card called an IC. The IC card will enable processing of medical data that will consequently improve the standards of medical services available to the general populace. |
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