Forbes September 18, 2020
By a wide margin the U.S. spends proportionately more on health care than any other nation, and yet life expectancy here lags many other countries. Singapore spends a fraction of what we do on health care and yet bests us on life expectancy and other health metrics, such as infant mortality. Unlike in the U.S., Singapore has universal coverage.
What can we learn from Singapore?
According to noted economist Sean Masaki Flynn, author of the groundbreaking book The Cure that Works: How To Have the World’s Best Healthcare—at a Quarter of the Price (Regnery Publishing), a whole lot.
In this eye opening conversation, Flynn discusses the free-market methods Singapore uses to keep prices low through vigorous competition among...