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Here’s what we can do to keep the lid on rising premiums

Insurers need to change the way doctors are rewarded; patients must be taught the dangers of overconsumption.

Since bill sizes have been rising for several years, it seems inevitable that MediShield Life premiums should also go up.

PHOTO: ST FILE

Wee Hwee Lin

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There is a good chance that MediShield Life premiums will rise again. The signs are evident.

The

freeze on premium rates for Integrated Shield Plans (ISPs)

was lifted on Sept 1, 2024. Subsequently, five out of seven ISP providers increased their premiums for private hospital plans, while one ISP provider raised premiums across all hospital plans.

Here’s what we can do to keep the lid on rising premiums

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