If Obama is looking fora successful model to pattern his health reform after, he should look at Singapore. Singapore has universal coverage, world-class care at roughly 1/3rd the cost of the U.S., and the government keeps the hell out of the medical business.
“Singaporeans spend only about 4% of GDP on health care—against 17% for the United States. At the same time, Singapore scores better than the U.S. on life expectancy, infant mortality, and other key international measures.”
The secret is less regulation, less government, and more competition.
Unfortunately, that is EXACTLY the opposite what Obama wants to do.
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- Singapore sovereign fund sells half Citigroup stake (09/22/09)


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