News
Commentary: Whether IP rider changes affect you or not, it’s a reminder to review your healthcare assumptions
4+ hour, 58+ min ago (816+ words) If you're looking to review whether your health insurance coverage is sufficient or too much, here are three questions to ask yourself, says financial adviser Grace Tay. SINGAPORE: A major change in health insurance plans is coming up in April…...
Trump v 'Obamacare': US health costs set to soar for millions in 2026 - CNA
3+ week, 1+ day ago (694+ words) WASHINGTON: Iowa farmer Aaron Lehman was already paying a hefty price for health insurance, but his premium is set to skyrocket in January when major government subsidies expire, after US President Donald Trump's Republican party declined to extend them. That…...
FAQ: What you need to know about upcoming changes to Integrated Shield Plan riders
1+ mon, 3+ week ago (1138+ words) How are new riders different from current ones? What does it mean for your out-of-pocket costs? SINGAPORE: The Ministry of Health (MOH) announced on Wednesday (Nov 26) new rules for insurance plans to curb rising private healthcare costs. These changes will…...
New Integrated Shield Plan riders to have higher co-payment cap from April 2026
1+ mon, 3+ week ago (1134+ words) As part of efforts to rein in rising healthcare costs, new riders will no longer cover minimum deductibles and must set a higher minimum co-payment cap of S$6,000 a year. SINGAPORE: Integrated Shield Plan policyholders who buy new riders from…...
How private health insurance is driving up healthcare costs, and what should be done about it
2+ mon, 1+ week ago (1758+ words) Private insurers offer Integrated Shield Plans to help Singaporeans with big medical bills, but experts say overly generous coverage and intense competition have fuelled a vicious cycle that is leading to rising healthcare costs. The generous benefits offered by IPs…...
Rethinking protection for the sandwich generation
2+ mon, 2+ week ago (612+ words) Great Eastern's Great Life Multiplier, with its optional riders, eases the burden on those caring for children and ageing parents by providing coverage across three generations. For many in the sandwich generation, caring for both children and ageing parents isn't…...
Joan Pereira on CareShield Life and Long-Term Care (Amendment) Bill
3+ mon, 6+ day ago (142+ words) The planned underwriting criteria for Optional Cohorts - those born before 1980 - under CareShield Life is set to be reinstated, which will reduce the extent of premium increases for them. However, MP Joan Pereira called on the government to continue monitoring the…...
Trump says Pfizer to cut drug prices, launch sales via TrumpRx
3+ mon, 3+ week ago (156+ words) WASHINGTON: President Donald Trump announced on Tuesday (Sep 30) that Pfizer will slash prices on all prescription drugs sold to the Medicaid programme and introduce new medicines at a "most favoured nation" price. The White House will also roll out a…...
Further regulation of healthcare insurers could worsen 'knot' situation and hurt policyholders: Rahayu
3+ mon, 4+ week ago (731+ words) "If we restrict insurers" claims management practices, we will likely see even larger premium increases," says Minister of State for Health Rahayu Mahzam. SINGAPORE: The further regulation of healthcare insurers could exacerbate trends such as escalating costs and premiums, affecting…...
India's biggest GST overhaul in 8 years targets cost of living relief, but sparks revenue concerns
4+ mon, 2+ week ago (605+ words) Economists say the tax reform is also partly due to recently imposed United States tariffs totalling 50 per cent. People shop for essential goods at a supermarket in Amritsar, India, May 9, 2025. REUTERS/Francis Mascarenhas MUMBAI: For transport worker Bajeer Khan, rising…...