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+--- Thread: 5 in 7 insurers to jack up private hospital premiums under Integrated Shield Plans (/Thread-5-in-7-insurers-to-jack-up-private-hospital-premiums-under-Integrated-Shield-Plans)
5 in 7 insurers to jack up private hospital premiums under Integrated Shield Plans - theold - 04-09-2024
FIVE of the seven insurers with Integrated Shield Plans (IPs) will raise the premiums of private hospital plans, following the end of the two-year moratorium on premium hikes at end-August.
They are AIA, Income Insurance, Singlife, Great Eastern and Prudential; AIA and Singlife – are focused only on private hospital plans. Singlife is understood to be reducing premiums for some age bands, and raising for others.
Income, however, will raise IP premiums across all its IP ward types – as a “strategic measure” to maintain the long-term sustainability of its IP portfolio, it said. For restructured hospital plans, this is the first increase in nine years. For Class A and private hospital plans and riders, it has enhanced cancer cover for multiple cancers.
https://www.businesstimes.com.sg/wealth/five-seven-insurers-jack-private-hospital-premiums-under-integrated-shield-plans-some-double-digits
RE: 5 in 7 insurers to jack up private hospital premiums under Integrated Shield Plans - Sharexchange - 04-09-2024
Poor people dont need worry
Rich people also dont need worrry