MediShield Life review takes in sober reality of rising medical costs in an ageing society
The recent MediShieldLife review outlined key healthcare priorities for the future: providing adequate coverage for large hospital bills, expected to keep rising, and shifting more care to less costly, non-hospital settings. These reflects the realities of an ageingSingapore and the rising costs of new treatments and healthcare manpower.
With about half of IP policyholders with riders still opting for subsidised public healthcare for hospital stays or day surgery, the question arises: Are pricier plans truly necessary?