The Business Times

Integrated Shield

Singapore

‘Don’t be Fomo’, wait for clarity on revised premiums before renewing IP riders: advisers

Existing policyholders will not be affected, and insurers may continue selling riders under the current regime until Mar 31, 2026.
Singapore

MOH scraps full-deductible IP riders to tame rising private healthcare bills

Riders are optional add-ons to an Integrated Shield Plan. They are meant to reduce one's out-of-pocket costs when making a hospital claim.
Singapore
BT EXPLAINS

New IP rider rules: what stays, what goes, and how it affects you

The median bill size at private hospitals has risen by an annual compounded growth rate of 11.5 per cent, from S$9,100 in 2019 to S$15,700 in 2024.
Opinion & Features
COMMENTARY

IP rider changes: Yet another stab at dampening claims and improving insurers’ results

If insurers need to make a course correction, they should apply their new rules/premiums to new policies.
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

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More