I remember when S'pore made a foray into medical tourism with govt support, starting from 2003 with the launch of the "S'pore Medicine" initiative. The aim was to position SG as a major international healthcare destination. Unfortunately, greed took root in both our private specialists and hospitals such as Mount Elizabeth and Gleneagles who routinely overcharged these wealthy foreign patients, till we priced ourselves out of the region. The medical tourism sector died a natural death. It seems that the powers that be have not learned their lesson about greed and overcharging.