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Why are the Standard Integrated Shield Plan premiums different across all the insurers, even though benefits are the same?



While the Ministry of Health has worked with the private insurers to standardise the Standard Integrated Shield Plan’s (IP) benefits, the plan is provided and administered by insurers.

Similar to other existing IPs, premiums and underwriting for the additional private insurance component of the Standard IP are thus determined by insurers based on their own commercial considerations and risk assessment frameworks. There is therefore variance in the premiums, depending on each insurer’s approach. 

This information provided here is sourced from the MOH website.

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