CNA938 Rewind - Premium Pain: 6-in-7 Insurers Hike Health Coverage
In 2025, six of the seven firms offering Integrated Shield Plan (IPs) in Singapore raised their premiums, responding to surging claims (+9-27 % in 2024) and higher medical-inflation pressures. The lone exception, Raffles Health Insurance, held its rates after seeing a claim drop—but others say expanded benefits and tougher claims trends forced the increases. Andrea Heng and Hairianto Diman dissect the topic with Alex Lee, President, Singapore Actuarial Society.