Portable Medical Insurance

Debated in Parliament on 13 May 2013.

Summary written by AI (learn more)

Foo Mee Har raised the issue of making portable medical insurance a norm in Singapore to ensure continuous medical coverage across different life stages, independent of employer schemes.
Gan Kim Yong explained that MediShield already provides portable coverage, including during employment gaps and retirement, with guaranteed renewal regardless of health changes.
As of June 2012, 94% of the population aged 21 to 65 was insured under MediShield, with two-thirds also covered under private Integrated Shield Plans.
The government is reviewing MediShield to keep it relevant and encourages employers to offer portable medical benefits through MediSave contributions or private plans.
This ensures Singaporeans retain medical coverage regardless of employment or health status, addressing the concern raised.

Questions identified by AI (learn more)

Full Transcript

Foo Mee Har

Ms Foo Mee Har asked the Minister for Health whether portable medical insurance can be made a norm in Singapore so that Singaporeans are provided with medical coverage across the different stages of their life that are independent of their employers' insurance schemes.

Gan Kim Yong

MediShield, the national basic medical insurance scheme, provides portable insurance coverage for Singaporeans. The scheme covers policyholders' needs not only in employment but also in-between employment and after retirement. As MediShield offers guaranteed renewal, policyholders enjoy continuous coverage even if they develop new health conditions after coverage has started. This ensures that Singaporeans are able to retain their medical insurance coverage regardless of their employment or health status.

As at June 2012, 94% of the population aged 21 to 65 was insured under MediShield. Two-thirds of the insured were also covered under the private Integrated Shield Plans.

As part of the review of healthcare financing, we will also be reviewing MediShield to ensure that it remains relevant and effective.

We encourage employers who wish to provide medical benefits for their employees to do so in the form of portable medical benefits, so that they can remain covered even after retirement, when their healthcare needs are likely to increase. They can do so either through additional MediSave contributions to employees or through purchasing such plans on behalf of their employees.

Summary written by AI (learn more)

Foo Mee Har raised the issue of making portable medical insurance a norm in Singapore to ensure continuous medical coverage across different life stages, independent of employer schemes.
Gan Kim Yong explained that MediShield already provides portable coverage, including during employment gaps and retirement, with guaranteed renewal regardless of health changes.
As of June 2012, 94% of the population aged 21 to 65 was insured under MediShield, with two-thirds also covered under private Integrated Shield Plans.
The government is reviewing MediShield to keep it relevant and encourages employers to offer portable medical benefits through MediSave contributions or private plans.
This ensures Singaporeans retain medical coverage regardless of employment or health status, addressing the concern raised.

Questions identified by AI (learn more)

Portable Medical Insurance | PAPERCUTS

Portable Medical Insurance

Debated in Parliament on 13 May 2013.

Summary written by AI (learn more)

Foo Mee Har raised the issue of making portable medical insurance a norm in Singapore to ensure continuous medical coverage across different life stages, independent of employer schemes.
Gan Kim Yong explained that MediShield already provides portable coverage, including during employment gaps and retirement, with guaranteed renewal regardless of health changes.
As of June 2012, 94% of the population aged 21 to 65 was insured under MediShield, with two-thirds also covered under private Integrated Shield Plans.
The government is reviewing MediShield to keep it relevant and encourages employers to offer portable medical benefits through MediSave contributions or private plans.
This ensures Singaporeans retain medical coverage regardless of employment or health status, addressing the concern raised.

Questions identified by AI (learn more)

Full Transcript

Foo Mee Har

Gan Kim Yong

As at June 2012, 94% of the population aged 21 to 65 was insured under MediShield. Two-thirds of the insured were also covered under the private Integrated Shield Plans.

As part of the review of healthcare financing, we will also be reviewing MediShield to ensure that it remains relevant and effective.

Summary written by AI (learn more)

Foo Mee Har raised the issue of making portable medical insurance a norm in Singapore to ensure continuous medical coverage across different life stages, independent of employer schemes.
Gan Kim Yong explained that MediShield already provides portable coverage, including during employment gaps and retirement, with guaranteed renewal regardless of health changes.
As of June 2012, 94% of the population aged 21 to 65 was insured under MediShield, with two-thirds also covered under private Integrated Shield Plans.
The government is reviewing MediShield to keep it relevant and encourages employers to offer portable medical benefits through MediSave contributions or private plans.
This ensures Singaporeans retain medical coverage regardless of employment or health status, addressing the concern raised.

Questions identified by AI (learn more)

Portable Medical Insurance

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Questions Identified

Full Transcript

Foo Mee Har

Gan Kim Yong

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Questions Identified

Portable Medical Insurance

Summary

Questions Identified

Full Transcript

Foo Mee Har

Gan Kim Yong

Summary

Questions Identified