He also highlighted the issue of cost effectiveness in applying modern medical technologies. While there have been rapid medical advances in the modern society of today, many of them are not cost effective, as the technologies are expensive. In fact, among all the medical inventions that were brought forward, Ridzwan said the only invention that was cost effective and had actually lowered treatment cost was the antibiotics. As far as the private hospitals are concerned, we see everybody as equal. Saying the public healthcare sector would eventually be privatised, Ridzwan lauded the government's proposal to set up a national healthcare financing scheme, which would provide the public with affordable medical care.
Consumers are now more aware about the rising cost of healthcare than before.
In the near future, there will be an increasing proportion of patients that have their healthcare needs attended to by third party payers and fewer of them will be diging into their own pockets. We welcome and appreciate constructive feedback on all aspects of this site. All rights reserved.