Will the Government be more lenient in its underwriting and claims processes compared to the insurers if it administers the scheme?

Question

Accepted Answer

CareShield Life will still be targeted at severe disability, i.e. no change from today’s criteria for the current ElderShield schemes. However, as a single administrator, the Government could achieve better consistency in the implementation of underwriting and claims processes across insureds.

Will the Government be more lenient in its underwriting and claims processes compared to the insurers if it administers the scheme?

Related questions

How much cheaper are the premiums going to be under Government administration, compared to private sector administration?

CareShield Life is still targeted at those with severe disability . Why was this retained?

Will the Government be more lenient in its underwriting and claims processes compared to the insurers if it administers CareShield Life/ElderShield?

Is the Government making it difficult to claim from CareShield Life (e.g. 3 Activities of Daily Living criterion) in order to profit?