This assignment requires you to apply externalities and market design concepts to analyse and critique government policies in Singapore or another country of your choice. Healthcare policies in Singapore.

approximately 3,500 words be a suitable length.

1. Introduction - Thesis statement.

2. Discuss the concepts of Externalities and Market Inefficiency and Public Policies toward Externalities supported with appropriate diagram(s) and their application to the Singapore Healthcare sector.

3. Discuss the concepts of Adverse Selection and Moral Hazard and their application to the Singapore health insurance market.

4. Discuss of the evolution of the Government's healthcare policies - from MediShield to MediShield Life and Integrated Plans. Why are health insurance premiums raising and how does the Government plan to address this issue?

5. What are the strengths and weaknesses of the Singapore healthcare system and what can Singapore learn from healthcare systems of other countries?

6. Conclusion - Restatement or summary of the main points made in the body paragraphs and comment on where the Healthcare sector should and could be in the future.