Prudential, AIA still offering pre-authorisation at Mount Elizabeth hospitals despite Great Eastern’s shock move
Insurers say they are taking steps to manage rising healthcare costs
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[SINGAPORE] Insurers in Singapore are not following Great Eastern’s footsteps to suspend pre-authorisation certificates for admission into Mount Elizabeth Hospital and Mount Elizabeth Novena Hospital. Prudential and AIA told The Business Times that they are still issuing pre-authorisation certificates for any healthcare institutions.
In a surprise move on Tuesday (Jun 17), Great Eastern announced the suspension of pre-authorisation certificates for admission into the two Mount Elizabeth hospitals, citing “significantly higher costs” for medical procedures there than at other private hospitals.
IHH, the owner of the Mount Elizabeth hospitals, claims that this was a unilateral move on the part of Great Eastern.
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