What if I have an Integrated Shield Plan (IP), does the 30% Additional Premiums apply to my entire IP Premiums?
Integrated Shield Plans (IPs) consist of 2 components – the MediShield component, sized for Class B2/C ward, administered by the Central Provident Fund Board and the additional private insurance component for Class B1/A wards and private hospital stays, administered by private insurers. From 1 Nov 2015, MediShield Life will replace the MediShield component in IPs.
The 30% Additional Premiums only applies to the MediShield Life component of your IP premiums.
For the additional private insurance component, IP insurers will separately assess whether to introduce exclusions or risk-loading (i.e., higher than the standard premiums) for those with pre-existing conditions.
This information provided here is sourced from the MOH website.
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