Singapore
SINGAPORE INSURERS BRACE FOR 2026 AS MEDICAL INFLATION CLIMBS AND IP RULES TIGHT
[SINGAPORE] Medical inflation is expected to remain one of the most pressing challenges for Singapore’s insurance sector in 2026, say industry players and observers, as healthcare costs continue to outpace general inflation. This pressure comes even as the Ministry of Health (MOH) prepares to roll out a new framework for Integrated Shield Plan (IP) riders aimed at curbing rising healthcare bills. These riders are optional add-ons to IPs, which are private medical insurance plans providing extra coverage on top of MediShield Life, Singapore’s national health insurance scheme. Chan Wai Kit, executive director at the Life Insurance Association, Singapore (LIA Singapore), told The Business Times that healthcare costs have been pushed up by more expensive medical equipment, treatments and labour. https://www.businesstimes.com.sg/singapore/singapore-insurers-brace-2026-medical-inflation-climbs-and-ip-rules-tighten (ICE SINGAPORE)
Fonte notizia: The Business Times, 14 December 2025
