The Business Times

Integrated Shield

Opinion & Features
LETTER TO THE EDITOR

The Integrated Shield Plan is broken

Mount Elizabeth Hospital.
Opinion & Features
THINKING ALOUD

For Integrated Shield Plan insurers, raising premiums should be a last resort

A more mindful approach to healthcare consumption has also been cited as a way to ensure long-term sustainability and affordability for all policyholders.
Wealth & Investing

Surge in claims drags some Integrated Shield insurers into the red; higher premiums expected

Generic photo of elderly women in the park, retirement
Opinion & Features
THINKING ALOUD

Weighing the cost of health cover in one’s senior years

Starting in April, claim limits for Medishield Life will be increased, and coverage will also be expanded to include additional outpatient treatments and new therapies.
Companies & Markets

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

As at end-December, about 40,000 more Singaporeans and permanent residents were covered by integrated shield plans.
Banking & Finance

Singapore life insurance records higher 2024 sales as annual premium sales climb

Starting in April, some MediShield Life rules will be changing, and that will also affect Integrated Shield Plans.
Podcasts

WealthBT: MediShield Life and Integrated Shield Plan changes in 2025 - What you need to know

In Integrated Shield Plans, a pro-ration factor is applied if a policyholder consumes healthcare at a higher class ward than his plan entitlement. This prevents cross-subsidisation which would eventually raise plan premiums.
Wealth

How fair are Integrated Shield Plans’ pro-ration factors?

For policyholders of public hospital plans, who seek treatment in private hospitals, Great Eastern will reduce the proration factor that applies. This means a smaller portion of the bill will be covered.
Wealth
THINKING ALOUD

As Integrated Shield insurers pursue profits, they must also uphold a social contract

Data from the CPF Board shows that from 2020 to 2022, 57% of Singaporeans and PRs who paid for higher coverage with IPs to complement their MediShield Life basic health insurance still chose subsidised wards.
Personal Finance

Can you buy too much health insurance for your own good?

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