Transition of Integrated Shield Plan Riders to Co-Payment
How the Changes to the Integrated Shield Plan Riders (PRUExtra) on 1 April 2021 will Impact You
In 2018, the Ministry of Health announced guidelines for policyholders to co-payment a minimum of 5% on medical claims made from their Integrated Shield Plan (IP) riders, to help address rising healthcare and health insurance costs in Singapore. The Health Insurance Task Force (HITF) also recommended that insurers incorporate suitable claims-cost control measures for all Integrated Shield Plan (IP) riders. (more…)