What individuals can do to help manage healthcare costs in Singapore

SINGAPORE – Much has been said about the role of insurers, doctors and hospitals in managing healthcare costs, but individuals have a crucial part to play as well.

Mr Eddy Cheong, chief executive of insurance advisory firm Havend, observed that with the generous coverage of

Integrated Shield Plans (IPs),

a rise in bigger claims can sway the claims rates, even though most claims could be smaller in proportion.