Health insurance must remain affordable and sustainable

THE recent launch of MediShield Life, a universal health plan that covers pre-existing illnesses, is a welcome development. It is a long awaited enhancement to the basic insurance tier of Singapore's health care financing framework.

It covers 3.9 million Singaporeans, including thousands who previously either had no cover or had to suffer exclusions. Not surprisingly, its launch has raised questions among the public on how much more their plans will cost, and whether they should continue to maintain...

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