For those with serious pre-existing conditions, why do they have to pay Additional Premiums? What is the reason for setting it at 30% over 10 years? Would this be too onerous for some?

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Accepted Answer

The Additional Premiums apply to the first 10 years of premiums paid by Singapore Citizens and Permanent Residents who newly join the scheme and who have pre-existing conditions.

The Additional Premiums reflect the higher risks of covering these individuals with serious pre-existing conditions while ensuring that premiums remain affordable and are not overly onerous.

For those with serious pre-existing conditions, why do they have to pay Additional Premiums? What is the reason for setting it at 30% over 10 years? Would this be too onerous for some?

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