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.
Life insurance sales in S’pore up nearly 20% in 2024, driven by surge in investment-linked plans
This is a reversal from the 3.9 per cent year-on-year dip in total weighted new business premiums posted in 2023 to $4.9 billion, led by a drop in the single premium business.
MoneyOwl launches insurance product ratings, investment help on its website
MoneyOwl will also provide insurance product ratings, which involve evaluating and rating products based on their coverage level and how value-for-money they are.
How fair are Integrated Shield Plans’ pro-ration factors?
The MediShield Life review last year recommended a revision in the pro-ration factors for private unsubsidised bills, to prevent such cross-subsidisation.