This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
21 November 2011
Question No. 28
Name of person: Mr Gerald Giam
Question
To ask the Minister for Health for the last 10 years (a) how many applicants were successful in their Medifund applications in each of these years; and (b) what was the total Medifund disbursement in each of these years.
Answer
1. Between 2000 and 2009, the Government increased the size of the Medifund capital sum from $720 mil to over $1.7 bil. The interest income generated from the capital sum has enabled the total amount of Medifund disbursed to patients to increase from $17.6 mil to $64.3 mil (Table 1), and for Medifund to be extended in 2001 to cover institutions providing intermediate and long-term care (ILTC).
2. The number of successful applications is at Table 2. The approval rate of applications between 2000 and 2009 has consistently remained high at over 98%.
Table 1: Amount of Medifund Disbursed to Patients, by setting, FY2000 to FY2009
Table caption
FY00 | FY01 | FY02 | FY03 | FY04 | FY05 | FY06 | FY07 | FY08 | FY09 | |
|---|---|---|---|---|---|---|---|---|---|---|
Hospitals (mil) | $17.6 | $27.0 | $25.1 | $31.9 | $30.3 | $36.7 | $37.1 | $46.2 | $52.8 | $56.7 |
ILTC (mil) | - | $0.2 | $1.3 | $2.0 | $2.1 | $2.4 | $2.7 | $3.3 | $6.2 | $7.5 |
TOTAL (mil) | $17.6 | $27.2 | $26.4 | $33.9 | $32.4 | $39.1 | $39.8 | $49.5 | $59.0 | $64.3 |
Source: Medifund Annual Reports
Table 2: Number of successful Medifund applications, by setting, FY2000 to FY2009
Table caption
FY00 | FY01 | FY02 | FY03 | FY04 | FY05 | FY06 | FY07 | FY08 | FY09 | |
|---|---|---|---|---|---|---|---|---|---|---|
Hospitals | 102, 626 | 156, 579 | 177, 015 | 213, 897 | 246, 252 | 285, 246 | 299, 121 | 354, 295 | 366, 100 | 388, 348 |
ILTC | - | 201 | 934 | 2,317 | 2,705 | 2,835 | 2,005 | 2,271 | 4,067 | 5,632 |
TOTAL | 102, 626 | 156, 780 | 177, 949 | 216, 214 | 248, 957 | 288, 099 | 301, 126 | 356, 566 | 370, 167 | 393, 980 |
Source: Medifund Annual Reports