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Ethical Pricing: a Confucian Perspective

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Abstract

Based on an analysis of a landmark case Lim Mey Lee Susan v Singapore Medical Council in Singapore where a doctor was professionally disciplined for over-charging a wealthy patient, a judgement upheld by the Singapore High Court, this paper will discuss the notion of an ‘ethical price’ (EP) and its determination with respect to the provision of healthcare services. It will first examine the limitations of a legal approach for setting an ethical limit to pricing. From there, it will argue that Confucian philosophy provides a useful ethical framework to explore EP, with focus on the context of Singapore. The following question is addressed: What is an ethical pricing standard for medical practice from a Confucian perspective? The strengths and limitations of a Confucian value base as regards the determination of an objective EP will be analysed through an examination of the shortcomings of the doctor’s behaviour in the Susan Lim case as well as other case scenarios. The paper will conclude with some practical suggestions on how Confucian-based ideas can be applied to decision-making on pricing and the importance of this for medical professionalism and ethics teaching.

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Notes

  1. Such attempts were construed as price-fixing, because the Singapore Medical Association, comprising medical professionals, was involved in the fee guidelines, resulting in conflict of interest. Members of the profession may thus attempt to exploit their position to set fees higher than the current market rate, increasing profit at the expense of consumers.

  2. Excessive government involvement in financial matters may lead to a slippery slope and possibly central planning. With the state having significant control over economic affairs, there is the risk of abuse of power, potentially escalating to a tyrannical government.

  3. Hence, the philosopher Xunzi argued that individuals need to be restrained by law and punishment (see Chatterjee 2011)

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Acknowledgements

The author would like to acknowledge the efforts of Dr Voo Teck Chuan from the Centre for Biomedical Ethics, National University of Singapore; Associate Professor Loy Hui Chieh from the Department of Philosophy, National University of Singapore; and Dr Philip Yap and Dr Lawrence Tan from Khoo Teck Puat Hospital for proofreading the draft and giving kind feedback.

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Correspondence to Gabriel Hong Zhe Wong.

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Wong, G.H.Z. Ethical Pricing: a Confucian Perspective. ABR 12, 419–433 (2020). https://doi.org/10.1007/s41649-020-00146-y

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