Introduction
Singapore has long been a fair-price country with a young and active population. The prospect is of two icebergs which will make navigation in Singapore more difficult over time. The first threat is from cost: the consumer price index between 1998 and 2003 advanced by only 2.7% over all, but healthcare inflation reached 11.2% (Department of Statistics, 2004:214). The second issue will be age: at least