Healthcare financing

Employer obligations

Making CPF contributions

Making Voluntary Contributions

Compliance and rectifications

Platform operators

Making CPF contributions

Compliance and rectifications

Corporate service buyers

  • Healthcare financing
  • B2/C wards are subsidised and provide affordable and effective care

    About 7 in 10 hospitalisations are in such wards

    2020-2022 hospitalisation in subsidised wards
    Proportion of hospitalisation in subsidised wards

    Note: Data includes hospitalisations with MediShield Life and Integrated Shield Plan claims. 


    MediShield Life paid out $1.3 billion in 2022
    Number and amount of MediShield Life claims

    7 in 10 Singaporeans in subsidised wards do not pay any cash out-of-pocket expenses
    Proportion of Singaporeans with zero, less than $100 or less than $500 out-of-pocket expenses in subsidised wards

    Premiums for private hospital Integrated Shield Plans can cost 2.5 times more than MediShield Life, over one's lifetime
    Amount of premiums paid over one’s lifetime

    Note: For illustrative purposes only, and not meant to be a projection of future premiums. Lifetime premiums refer to a simple summation of median premium levels (as of 1 Sep 2022) across plans for each age from ages 0 to 85. 


    IP premiums rise substantially with age especially for private hospital IP

    MediSave used for additional premium can instead be used for other healthcare expenses

    Median annual premiums for private hospital IP across insurers 
    Median annual premiums for private hospital IP by age

    When hospitalised, most IP policyholders stay in subsidised wards
    IP policyholders' ward utilisation, from 2020-2022
    Proportion of IP policy holders staying at Class B2/C, B1/B2+, A or private hospital

    Note

    1. Members may have purchased IPs because they want to preserve the flexibility of seeking private care.
    2. Class B IP policyholders refers to Standard and Class B1 IP policyholders

    While IPs cost more, they may not give higher payouts for hospitalisation in B2/C wards
    Using Mr Tan as an example who purchased an IP for A ward but was admitted to B2 ward in public hospital for heart bypass
    The breakdown of hospital bill, with amount paid by MSHL and IP insurer

    Note: For illustrative purposes only. Actual IP payout is dependent on the specific plan and circumstances of each hospital admission and may differ from case to case.