Healthcare Cost in Singapore is Unsustainable. Is SDP's plan better? [Chills 221 ft Dr Paul Tambyah]

Ever opened your hospital bill and felt your heart skip a beat? What if everyone paid the same price for healthcare—no copays, no deductibles, no loopholes? We’re diving into a plan that could flip Singapore’s healthcare system upside down… and the shockingly high stakes if we don’t act. You’ll not want to miss this one. Meet Dr. Paul Tambyah, infectious disease specialist, SDP candidate, and healthcare policy mastermind. He’s back in the studio to reveal: Discover why Singapore’s ‘world-class’ medical expenses are the #4 cause of bankruptcy in Singapore Why this system is quietly failing families Would you trust a doctor who’s worked a *30-hour shift*? The alarming truth about hospital working conditions The profit-driven players hiking your premiums (It’s not who you think) A bold blueprint to slash costs —but at what cost to jobs, innovation, and your choice of doctor? “If you’re paying $3,000 deductible for a cataract surgery, something’s broken.” From MediShield Life loopholes to ‘panel doctors’ gaming the system… from nurses fleeing to Dubai to AI threatening radiologists… this is the episode that connects the dots. Are you ready for a healthcare overhaul—or will fear of change keep us stuck? Don’t miss the debate shaking up Singapore’s future. Your health—and your wallet—might depend on it. 04:53 - Can you describe the current state of healthcare in Singapore? 09:49 - Given the many parties involved in healthcare, what is your proposed solution? 17:03 - Why was there a need to change policies like the Cancer Drug List and MediShield Life? 22:59 - With insurers competing under schemes, how will your STP healthcare plan manage top-level costs? 29:33 - How will your plan balance cost control with fair wages in public healthcare? 33:45 - If we reduce out-of-pocket costs, how much will it cost the state? 40:23 - How can consumers better understand the healthcare system to push for improvements? --- Welcome to The Financial Coconut, your source for empowering financial knowledge and unlocking possibilities. Join us as we explore personal finance, investing and more. Get ready to take control of your financial future and live your best life, financially wise: https://linkin.bio/thefinancialcoconut [Podcast, Vodcast] Spotify: https://rebrand.ly/TFC-spotify Apple Podcast: https://rebrand.ly/TFC-applepodcast YouTube: https://rebrand.ly/TFC-youtube [Connect with us] Instagram: https://rebrand.ly/TFC-instagram Tik Tok: https://rebrand.ly/TFC-tiktok Telegram: https://rebrand.ly/TFC-telegram Whatsapp: https://rebrand.ly/TFC-Whatsapp-channel Newsletter: https://rebrand.ly/TFC-Newsletter Check out our other shows:    / @thefinancialcoconuttfc   Disclaimer: The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.