Healthcare costs

Integrated Shield insurers post stronger results in 2025, but recovery may be fragile

More cancer survivors are returning to work, but many continue to cope with fatigue, “brain fog” and other lasting effects of treatment that remain largely unseen in the workplace.
BRUNCH

More cancer survivors are returning to work. Are employers ready to support them?

From December 2021 to December 2024, private hospital IP premiums have been rising at an average annual rate of 8.6%.

MOH addressing rising healthcare costs, but cannot control commercial insurance decisions: Rahayu Mahzam

The new riders mean higher out-of-pocket expenses for you when you are hospitalised.

New Integrated Shield riders: Should you make a switch?

Minister for Health Ong Ye Kung speaking at an event marking the 65th anniversary of Mount Alvernia Hospital on Thursday (Apr 9).

Plans to release land for private hospital in eastern S’pore, first in almost 20 years: Ong Ye Kung

Singapore's falling birth rate and the rise in the proportion of those aged 65 and older do not bode well for IP insurers' risk pools.
THINKING ALOUD

Demographic trends challenge IP insurers’ sustainability

The Integrated Shield Plan market has struggled for years with rising premiums and poor profitability, as rising medical inflation and an ageing population have driven up claims.

Some IP insurers hike premiums of base plans for private hospital and A-class wards

New riders to be sold will differ in their coverage, with some covering only up to public hospital stays and some including private hospital stays as well.

New IP rider premiums to cost at least 30% less, with one insurer offering an 84% reduction

MOH says advances in medical science mean some preventive treatments for high-risk patients are now considered medically necessary.
SINGAPORE BUDGET 2026

Budget 2026: MOH to extend MediShield Life to selected preventive surgeries, revamp MediSave scheme

Surge capacity for selected treatments could be considered to deal with potential short-term impact from IP rider changes. 

Government took action on IP riders after spotting potential ‘serious market failure’: Ong Ye Kung