MediShield Life

All Singaporeans are insured under the national MediShield Life scheme

Insurers are adjusting product features in response to the new framework

An AI tool to help doctors flag Healthier SG enrollees at high risk of chronic disease will also be rolled out

[SINGAPORE] Citing pressures from rising claims, medical inflation and expanded benefits, all private insurers but one here offering Integrated Shield Plans (IPs) have increased premiums for most of t...

Companies and association say medical inflation and healthcare consumption are key factors to keeping long-term costs sustainable

WealthBT host Genevieve Cua and Alex Lee, president of the Singapore Actuarial Society, unpack the upcoming changes to MediShield Life and Integrated Shield Plans.

The public’s concerns about IPs shows that an expectation gap clearly exists

INSURANCE company Great Eastern Life (GE) has reduced significantly the coverage for its integrated shield plans (IPs) – which pay for non-subsidised treatment – when a policyholder opts for a higher ...

Claims take up the largest share per dollar of premium at 78 per cent, followed by distribution cost at 12 per cent