Logo of Phnom Penh Post newspaper Phnom Penh Post - Stay Healthy. Stay Wealthy.

Stay Healthy. Stay Wealthy.

Content image - Phnom Penh Post

Stay Healthy. Stay Wealthy.

CAMBODIANS are more prosperous than at any time in their history, but the pressure of modern life is taking a toll on the health of the nation.

Despite the rising average life expectancy, more Cambodians are succumbing to ailments such as coronary heart complications, cancer, stroke, diabetes, lung and kidney & liver diseases. These critical non-communicable diseases, according to the World Health Organisation, are responsible for more than half of total death in Cambodia.

And the cost of treating these illnesses and complications is taking a toll on the finances of individuals, families and the nation as a whole.

“Financial issues have been at the forefront of Cambodia’s efforts to rebuild the healthcare system and have been a crucial part of the reform process that began after 1993,” the Ministry of Health said in its latest annual health financial report.

The funding of healthcare in the Kingdom comes from three primary sources—the government, international donors and NGOs, and out-of-pocket payments, either from individuals or via insurance covers.

The report says that the government spent over one billion dollars on healthcare last year, while a further $191 million came from external donors. The expenditure has been rising steadily over the years since record-keeping started.

Medical conditions that need increasing funds (Asia-Pac: Cancer & Heart Diseases)
Differentials by geographic region among the risk factors that are expected to generate future claims are:

Content image - Phnom Penh Post
Source: 2018 Global Medical Trend Rates by Aon

But the biggest rise in financing for healthcare comes from out-of-pocket payments, accounting for $658 million, according to latest figures.

Another point to consider is that people aged over 60 account for more than 50 percent of out-of-pocket medical expenses.

“That figure is likely to increase as the population ages,” the report says.

Cambodia is not alone in facing increasing medical cost. In fact, it is an issue that straddles both the developing and developed world.

PriceWaterhouseCooper, the global auditing and accounting giant, says in its 2018 report on medical cost that while the trend had come down over the past few years, it is likely to start rising again.

General inflation, a reduction in the number of drugs coming out of patent and the reluctance of small and even medium-sized enterprises to provide health insurance for employees will all contribute to the uptick, the report says.

However, on the other side of the coin, increased awareness of wellness and healthy lifestyles plays a part in keeping costs down. It may be obvious, but healthy people who lead active lifestyles do not get as sick as often as those who smoke, drink to excess and or do not exercise.

Content image - Phnom Penh Post

Nowadays, Cambodian is more aware of their needs of getting a proper healthcare plan that’s affordable and within their means.

In the old days, it is a common scenario that the general public does not plan or budget their health and medical bills. However, as the country progresses and education comes into play, the awareness of being insured is now a necessity.

Nevertheless, an effort to stay healthy does not necessarily shield people’s from the inevitability of the diseases. Therefore, having a well-laid plan for financial resilience is equally important for health issues.

Responding to the overwhelming demand and concern over health issues from Cambodian people, the global life insurance giant AIA has been at the forefront to help Cambodian live healthier, longer and better lives and to offer protection in the events of such diseases.

As a proactive advocate for healthy living in the country, AIA has been introducing various programs and campaigns for the well-being of Cambodians, including the recent opening of its AIA Wellness Lounge at Aeon Mall 2.

MOST VIEWED

  • Judge lands in court after crashing into alleged thief

    Sen Sok district police on Thursday sent a Koh Kong Provincial Court judge to the Phnom Penh Municipal Court on manslaughter charges after he crashed his car into a woman riding a motorbike on Wednesday, killing her. District police chief Hour Meng Vang told The

  • Gov’t to boost Siem Reap tourism

    The Ministry of Tourism released the results of an inter-ministerial committee meeting concerning Siem Reap province’s Tourism Development Master Plan for 2020-2035 on Wednesday, revealing the government’s plan to improve the overall tourist landscape there. The meeting was attended by Minister of Tourism

  • Government set to make up for cancelled April holiday

    The government is set to make up for a five-day Khmer New Year holiday late this month or early next month. The holiday was earlier cancelled due to the onset of Covid-19. The announcement is expected on Friday as the government is studying a range

  • Crumbling prices, rent ruffle condo segment

    The prolonged decline in international arrivals to Cambodia intensified by renewed Covid-19 fears has driven down condominium sales prices and rental rates in Phnom Penh, a research report said. CBRE Cambodia, the local affiliate of US commercial real estate services and investment firm CBRE Group

  • Over $3M in traffic fines collected in two months

    Traffic police officers collected over $3 million in fines throughout the Kingdom during the past two months when officers strictly enforced the law in accordance with a May sub-decree, officials said. As incentives, law enforcement officers received between 200,000 and two million riel ($50 to $500) each. The figures

  • More than 10,000 workers suspended

    More than 10,000 workers at 18 factories in Svay Rieng province have been suspended because of Covid-19, said provincial deputy governor Ros Pharith. Home to 11 special economic zones, Pharith said Svay Rieng has not been spared as the pandemic takes a toll on the global economy. “There

  • Nod given for school exams

    The Ministry of Education, Youth and Sport announced that State-run higher educational institutions can hold examinations to end the academic year, while private schools can organise grade 9 and grade 12 examinations at their premises for two days. However, private institutions have to take measures to prevent

  • Kingdom’s exports to US mushroom 25.94% in first five months to $2.4B

    Though Cambodia’s exports to other countries have been stalled amid the evolving Covid-19 environment, the Kingdom’s shipments to the US were worth 25.94 per cent more in the first five months of this year than they were in the year-ago period. Bilateral trade between

  • Oz lauds Kingdom’s passage of money laundering laws

    In a press release published by the Australian embassy in Phnom Penh on Monday, the country applauded Cambodia’s stance on transnational crimes as well as its promulgation of an anti-money laundering law and a law on combating proliferation financing. The praise came after King

  • Lotus face masks designed to cover globe

    A French designer in Cambodia has produced ecological face masks from lotus fibre to supply local and international markets with an eye on preserving ancestral techniques and supporting Cambodian women in rural communities. During a trip to Asia, Awen Delaval, an eco-friendly fashion designer, was