Singapore approves $451,000 for people under vaccine injury scheme
Singapore approves a total of $451,000 to cover more than 100 individuals under the vaccine injury scheme. Of total applications, 102 applications were assessed by the Clinical Panel to have met the qualifying criteria for Vaccine Injury Financial Assistance...
Singapore increases public subsidies for health premiums to senior citizens
Singapore increases annual public subsidies of MediSave for seniors citizens from $250 to $1,100 based on age and pre-existing conditions. MediSave can be used to pay the premiums for MediShield Life and other MediSave-approved insurance plans, as well as medical...
Ministry of Health to revise public healthcare subsidy framework to benefit those with greater needs
From the middle of next year, means-tested public healthcare subsidy frameworks are set to be revised as government spending on patient subsidies is projected to hit S$6.5 billion in the 2020 financial year, up from S$4 billion five years before. The changes...
Singapore forms 12-member Multilateral Healthcare Insurance Committee
Singapore’s Ministry of Health (MOH) has announced that it has formed a 12-member Multilateral Healthcare Insurance Committee (MHIC) officially established on April 27th April 2021. The purpose of the committee is to manage the increasing healthcare costs in the...
Healthcare cost coverage through the National Medical Savings (MediSave) Scheme
A portion of the salary that Singaporeans get is credited into what is known as their MediSave account, a savings scheme that is to be used to pay for their medical bills. This is subject to certain terms and limitations as MediSave funds cover certain specific types...
Mitigating financial risk under national health insurance: Changes in Integrated Shield Plan
There is an ongoing debate on recent changes to the national health insurance, Medishield life that covers all Singaporeans and permanent residents paying for large medical bills if they stay in designated wards of government-run...
Covid-19 Poses Challenges in Healthcare Financing
In Singapore, the most apparent cost of this epidemic is the cost of providing direct medical care and public health services such as screening tests and ICU (intensive care unit) care for those affected. Since the indirect and intangible losses are not easy to...
New $2,000 payout for those who need hospitalisation after Covid-19 vaccine shot
Those who suffer from serious side effects related to their Covid-19 vaccination can apply for financial assistance from Wednesday (March 17). Their applications under the Vaccine Injury Financial Assistance Programme for Covid-19 vaccination (Vifap) will...
Government accepts Medishield Life Council’sRecommendations and commits S$2.2 Billion for premium subsidies and support
Singapore offers healthcare coverage to its entire population through Medisave, a personal savings account and MediShield Life, a low-cost medical insurance to help Singaporeans pay for large hospitalisation bills. To ensure continued healthcare...
Budget debate: Healthcare subsidies to be revamped so those who need them will get more
The Health Ministry is looking to reorganize the system of hospital care subsidies to benefit those that need financial help with their medical bills. This essentially means a switch from basing subsidies on an individual’s income to per capita household income (PCHI)...
Flexi-MediSave rules to be eased to allow seniors to withdraw up to $300 for outpatient treatment
The Flexi-Medisave scheme allows patients aged 60 and above to tap their own or their spouse's Medisave funds to pay for outpatient expenses at polyclinics, specialist outpatient clinics and GP clinics under the Community Health Assist Scheme (CHAS). Annual...
Singapore Health Minister says share of national health expenditure increased to 46% but doesn’t say it’s far below OECD’s average.
In the past eight years Singapore has consistently increased the share of health in the national budget by and average of 1.2% from 2013 onwards. In Parliament, Health Minister Gan Kim Yong assured the House that primary healthcare will be strengthened...
Securing Singapore’s Access to Covid-19 Vaccines
Singapore’s Multi Ministry Taskforce (MTF) along with the World Health Organization and the country’s Heath Sciences Authority (HSA) has made procurement of vaccines along with quality checks their foremost agenda. This includes signed Advance Purchase Agreements with...
Budget 2021: S$4.8b of S$11b Covid-19 Resilience Package for public health
The Singapore Government's commitment to safeguarding public health and the future of its citizens especially in the wake of COVID 19 can be seen in the over 40% share of this year’s Budget that goes to the COVID-19 Resilience Package. Mr. Heng Swee Keat, the...