Data on Integrated Shield Plan Downgrades and Discontinuations due to Affordability Concerns over Past Three Years

Mr Saktiandi Supaat asked the Coordinating Minister for Social Policies and Minister for Health (a) whether the Ministry tracks the number of policyholders who have downgraded or discontinued their Integrated Shield Plans due to affordability concerns; and (b) if so, what trends have been observed over the past three years.

As Integrated Shield Plan (IP) and IP rider premiums continue to rise, many policyholders have downgraded or discontinued their plans, and the numbers have increased over the past three years, as shown in the table below.

The Ministry of Health does not track the policyholders' reasons to downgrade or discontinue their plans. Policyholders may do so for various reasons, including affordability concerns or to right-size coverage based on their needs and circumstances.