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Steep MediShield premium hikes and what they signal about affordable healthcare

Better benefits and rising costs justify premium increases, but there's the question of why they need to go up by so much

ST ILLUSTRATION: MIEL

It is no surprise that MediShield Life premiums are poised to rise next year, since only a five-year moratorium was promised when the scheme was launched in November 2015.

Two proposals have ruffled feathers. One was the more than one-third jump in premiums for people aged 61 years and older. The other was the reduction of coverage for private hospital bills from 35 per cent to 25 per cent.

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A version of this article appeared in the print edition of The Straits Times on October 15, 2020, with the headline 'Steep MediShield premium hikes and what they signal about affordable healthcare'. Print Edition | Subscribe