Integrated Shield
Shedding light on IP challenges: medical-cost inflation and thin margins
With the IP industry’s profit margin at just 0.5%, commissions and costs to insurers and policyholders are under scrutiny
New Integrated Shield riders: Should you make a switch?
Riders are cheaper but increase out-of-pocket costs. Is the switch worth it? What are the hidden costs and cancer coverage changes?
Demographic trends challenge IP insurers’ sustainability
Singapore is expected to reach ‘super-aged’ status this year, and an ageing population will suffer more chronic diseases and need healthcare
A framework for thinking about the new Integrated Shield riders
Beyond understanding healthcare and insurance preferences, one should also have adequate emergency funds
New IP riders kick in with lower premiums, but higher out-of-pocket costs
Insurers are adjusting product features in response to the new framework
Some IP insurers hike premiums of base plans for private hospital and A-class wards
This comes after launch of new, cheaper riders which do not cover deductibles, the latest effort to curb ‘buffet syndrome’
Hospitalisation insurance 101 and how the new rules change things
[SINGAPORE] If you’ve been keeping up with headlines, chances are, you’ve stumbled upon “Integrated Shield Plan” and something called a “deductible” in your news feed.
Should you drop your Integrated Shield Plan? This health scare offers insights
A HEALTH scare that my husband suffered last month surfaced some perspectives on why a significant number of people, particularly seniors, may consider giving up their Integrated Shield Plans (IPs).
What the new Integrated Shield riders imply
The latest changes are a step forward in helping to shift the unhealthy behaviours of medical consumption
‘Don’t be Fomo’, wait for clarity on revised premiums before renewing IP riders: advisers
Under the revised rules, premiums for new riders are expected to fall by about 30%
