The Business Times
business-time-50

Asia's health protection gap widens to US$1.8 trillion: Swiss Re

That works out to 40 million households giving up medical treatment to avoid financial stress, study reports

Genevieve Cua

Genevieve Cua

Published Fri, Oct 5, 2018 · 09:50 PM
Sobering gap

Singapore

THE health protection gap in Asia is estimated to have reached US$1.8 trillion, representing 40 million households that forgo medical treatment to avoid financial stress, a study by Swiss Re has found.

In Singapore the absolute health protection gap is relatively modest at US$23 billion, a tie with Hong Kong and the second lowest in Asia after Thailand.

Insurance

TRENDING NOW

Tuas Port began operations in September 2022 and will continue to grow in phases towards its completion in the 2040s.

Green fuels, autonomous ships: How Singapore is future-proofing its shipping industry

US Trade Representative Jamieson Greer said he did not want to prejudge the outcome of a pending Section 301 investigation into China’s trade practices.

US trade chief to consider trade deal tariff caps in excess capacity probe

From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

Ang’s San Miguel holds nearly 25% of Luzon’s installed capacity and Lopez’s First Gen accounts for 12%.

Deal between tycoon friends sparks scrutiny of Philippine power sector

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More