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Insurers brush off impact of higher MediShield Life premiums, claim limits on Integrated Shield Plan

Companies and association say medical inflation and healthcare consumption are key factors to keeping long-term costs sustainable

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Megan Cheah

Megan Cheah

Published Tue, Apr 1, 2025 · 10:00 AM
    • Starting in April, claim limits for MediShield Life will be raised, and coverage will be expanded to include additional outpatient treatments and new therapies.
    • Starting in April, claim limits for MediShield Life will be raised, and coverage will be expanded to include additional outpatient treatments and new therapies. PHOTO: BT FILE

    [SINGAPORE] Changes to MediShield Life, which kick in on Tuesday (Apr 1), may place some strain on insurance players who offer the associated Integrated Shield Plan (IP), but some industry players said they do not expect a significant impact on insurance businesses.

    But at least one insurer has implemented moves to mitigate the effects of the changes on its portfolio.

    Insurance players said they will continue to monitor the effects as the changes kick in gradually.

    MediShield LifeInsuranceGreat Easternraffles medical groupIntegrated ShieldHealth

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