Tag: IP riders
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MOH Ends Full-Deductible IP Riders to Curb Private Healthcare Costs in Singapore
Singapore Tightens Insurance Rules to Tame Private Healthcare Bills Singapore’s Ministry of Health (MOH) has announced a sweeping change to the Integrated Shield Plan (IP) framework that will take effect from April. Insurers will no longer be allowed to sell IP riders that fully cover a patient’s minimum deductible. The move is designed to curb…
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MOH Bans Full-Deductible IP Riders to Tame Singapore’s Private Healthcare Bills
Singapore Tightens Rules on Integrated Shield Plan Riders In a move aimed at curbing ballooning private healthcare costs, the Ministry of Health (MOH) in Singapore announced that, starting April, insurers will no longer be allowed to sell Integrated Shield Plan (IP) riders that fully cover a patient’s minimum deductible. The change is expected to influence…