Healthcare spending could hit $30 billion a year by 2030: Ong Ye Kung
In 2025, the Government has set aside $20.9 billion for health, second only to spending on defence, which has a budget of $23.4 billion.
Online tool helps S’poreans see if their health coverage meets needs, financial ability
It allows users to see their long-term, personalised projections of MediSave savings and health insurance premiums.
CareShield Life: affordable cover for a potentially long-term financial burden
Payouts are higher and can be paid for life, or as long as the claimant is unable to perform three of the six activities of daily living (ADLs).
Implants, drugs account for recent rise in S’pore hospital bill sizes, study of insurance claims finds
The NUS study also said the average hospital bill per claim between 2016 and 2020 grew at a compound annual growth rate (CAGR) of 4.8 per cent.
Standard Chartered rolls out digital scam insurance, higher interest rates for senior savings account
The Digital Scam Protection Insurance, underwritten by MSIG, will protect funds of up to S$50,000 (US$37,474) from unauthorised electronic money transfers arising from phishing and malware scams.
Vet Talk: Understanding and managing the rising cost of pet healthcare
Consider getting pet insurance. While it is not a cure-all, it provides peace of mind by ensuring that some situations are covered.
Safra offers members 12 months of free insurance for SG60
The 12-month personal accident insurance plan will provide $50,000 in coverage for Safra members, their spouses and children.
Increased subsidies will benefit more Singaporeans amid rising medical costs: Ong Ye Kung
Government spending on healthcare is expected to shoot up from the $21 billion set aside for 2025 to more than $30 billion by 2030.
Banks, insurers see more customers using SGFinDex for financial planning
The number of SGFinDex users grew to more than 400,000 by end of 2024, from 120,000 in 2021.
Parliamentary Q&A - Integrated Shield Plan Product Changes
MOH will continue to publish information on IP premiums and coverage to facilitate consumers in making informed decisions on private insurance plans.
How Much Your MediShield Life Premiums Will Be Going Up From April 2025
It is also worthwhile to note that the MediShield Life Fund is operating at a 100% loss ratio across the last 4 years.
Trends among high net worth individuals highlight insurance integration in portfolios
The study indicates that 70% of participants have incorporated insurance into their asset portfolios, with 30% dedicating 11% or more of their assets to insurance products.