Manage your Company’s health dollars
Is your company looking for a better way to manage employee
medical benefits? Is your company bogged down by the massive data entry involved with managing benefits? Do you wish your company was more in control of its health dollars?
Well the solution to these problems is right here in Asia
MHC has simplified the medical benefit process by making cashless consultations available at a network of 400 clinics in Singapore, another 500 in Malaysia, as well as clinics in Hong Kong and the Phillipines all connected through MHC’s web based system).
YOU’RE IN CONTROL
With MHC, you control your company’s benefit costs because doctors’ fees are managed at the point of transaction. Doctor’s fees are made transparent because billings are based on pre-agreed fee schedules and drug formulary. All transactions are captured online and made available to you through MHC’s web-based system. Continue reading Managed Care in Asia
An adult Singaporean visits the GP clinic for consultation 5-6 times a year. Having paid for the medical bill at the clinic, the employee needs to submit the receipt to the company to seek reimbursement.
Although the bill size of each GP visit is not significant, companies with large headcounts have to spend time and manpower resources to do data entries and process the re-imbursement. This is a totally unproductive.
Some companies resorted to appoint a panel of doctors who provide credit terms for their employees. This eliminate some of the paper works but employers still need to cut several cheques to pay to different doctors and deal with a panel of doctors.
Health care cost is rising and this needs to be managed. Employees’ health profile needs to be tracked and sick leave taken needs to be monitored. Continue reading MHC simplifies medical claim processing
Every year about 68% of our government health subsidy goes towards inpatient and day surgery health care expenditures. Only 10% of the subsidy is spent on primary care outpatient visits at the polyclinics.
Every one in 11 Singaporean gets hospitalized each year. But each adult is likely to make 4 to 6 visits to the primary care doctors for outpatient treatments.
A major part of the healthcare cost of any company is incurred in providing hospitalization and surgical benefits to the employees. Most companies buy insurance to insure against expensive hospitalization and surgical claims as well as serious and expensive catastrophic illnesses such as cancer and heart disease.
Continue reading Effective use of technology to manage outpatient healthcare cost and eliminate admin work
Employee absenteeism can be a big problem for any employer. Some employers have daily absentee rates of greater than ten percent. The question then becomes how to manage absenteeism in today’s businesses and corporations so as to decrease the number of employees who choose to take the day off from work.
Continue reading Employee Absenteeism
The ringing question among those studying occupational medicine is how physicians can maintain their professionalism as doctors when they are employed as physicians by powerful and rich corporations. Is the employee best served by this relationship or is the relationship tainted from the beginning by the fact that the paycheck comes from the corporation and there are often conflicting issues between the employee/patient and the corporation that employs both the employee and the doctor?
Continue reading The Dilemma of the Company Doctor
People with some chronic diseases need regular use of their proper medications, nutrition and toileting—things that can, if not done could result in their death in a week but if managed by a caring individual can keep them alive for years.
The place for chronic disease management is not in a hospital. Many specialists feel that surrounding the chronically ill with loved ones who can help manage those things a person needs at home is the best case scenario for these people. There is often no need for blood pressure monitors, IV drips and high tech equipment to keep these people alive. The hospital setting doesn’t make for the comforts of home and loved ones around them. Families don’t even have to do things alone. They can reach out to churches or to other organizations for volunteer or paid help to make sure the person is properly managed.
Continue reading Treating Chronic Disease at Home
In the US, the Obama Administration is planning to augment those doctors who decide to use electronic medical records. Currently, many large medical practices are using electronic medical records and money from the stimulus plan has gone to promote electronic medical records and to make them easier to install and more economical for smaller medical practices. The idea is to have as many medical practices and emergency rooms as possible create their medical records electronically and not just on paper.
Continue reading Electronic Medical Records to Get a Boost
Health screening is actually an important part of health disease prevention. Doctors can find an illness early in the course of a disease and can manage complications before they arise. The treatment is easier when the disease is in the early phases. People live longer when the diseases are caught early. Some diseases can be prevented altogether because signs and symptoms of pre-disease are caught and treated. Screenings cost money to do but they also save money in later treatment costs.
Both private and public healthcare is involved in the Singapore Health System. Basic medical services are available to all citizens of Singapore. This has come along with improvements in sanitation, water supply, education and housing. The program has been fine-tuned over the years so that all people receive adequate care.
Continue reading The Basics of the Singapore Healthcare System
Believe it or not, the cost of medications represents just ten percent of the total healthcare costs we incur. About seven percent goes to brand name medication, while three percent goes to generic medication. Some medications patients are taking today actually prolong life and cut down on the overall healthcare costs. It means there are less surgeries and expensive hospital stays because of these medications.
Continue reading How New Medications are making Health Care more Affordable
The challenge to providers of healthcare in the beginning of the surge in managed care in Singapore was to provide excellent healthcare to people who had limited resources. Citizens expected a high level of care and costs of healthcare was increasing. Healthcare was provided through individual resources, personal insurance, employer-paid insurance and government taxes.
Continue reading Managing Healthcare cost in Singapore
There are many insurance options out there in the US but, surprisingly, there are very few that are “fee for service”. You need to know what this type of plan calls for, especially if it’s what your employer calls for. Fee for service plans are also called indemnity insurance plans. They basically mean you pay for the visit at the time of the visit. There is no high premium paid every month and instead you pay each time a service is necessary.
Continue reading Understanding Fee for Service Plans
Can the company doctor control healthcare cost?
When companies decide to cut back healthcare costs, most employees believe the quality of their healthcare will suffer. Yet consider the work of Toyota Motor Company in the US that built an on-site medical clinic at its truck factory in San Antonio, Texas. One patient just paid five USD for his visit to the clinic for back pain. This was one way to have the patient take less time off work and still receive quality care at the workplace.
Continue reading Company Doctor
