Integrated Shield
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%
MOH scraps full-deductible IP riders to tame rising private healthcare bills
The co-payment cap, which applies after the deductible, will also double to S$6,000
IP rider changes: Yet another stab at dampening claims and improving insurers’ results
For policyholders, this means less coverage of a hospital bill, though rider premiums are expected to be 30% lower
New IP rider rules: What stays, what goes, and how it affects you
MOH hopes removing riders that fully cover the deductible will maintain ‘cost discipline’ and reduce unnecessary admissions, tests and overnight stays
The Integrated Shield Plan is broken
I REFER to the article, “For Integrated Shield Plan insurers, raising premiums should be a last resort”. (BT, Jun 24) But as the French would say, it’s “au contraire”.
For Integrated Shield Plan insurers, raising premiums should be a last resort
Insurers should take a hard look at internal and external costs, including management and distribution expenses
Surge in claims drags some Integrated Shield insurers into the red; higher premiums expected
As medical costs rise, there is ‘no choice’ but to raise rates to allow for a price buffer, says market watcher
Weighing the cost of health cover in one’s senior years
It is important to consider the affordability of future premiums, and whether there will be a funding shortfall
Insurers brush off impact of higher MediShield Life premiums, claim limits on Integrated Shield Plan
Companies and association say medical inflation and healthcare consumption are key factors to keeping long-term costs sustainable
