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5 of Singapore’s 7 IP insurers post mixed or poor results in last 5 years
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With a growing ageing population as well as medical inflation, IP insurers expect claims to continue to rise.
ST PHOTO: KUA CHEE SIONG
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SINGAPORE - All but two of the seven insurers offering additional private health insurance coverage in Singapore recorded either mixed or poor results in the last five years.
Claims peaked in the final year of the period from 2019 to 2023 for most of them.
