How should I protect myself from medical bills incurred by my S Pass and Work Permit holders?
As an employer, you must buy a minimum medical insurance coverage of $15,000 per year to cover inpatient and day surgery bills. You are strongly encouraged to buy additional insurance coverage for greater protection and peace of mind.
This information is sourced from MOM
Related questions
If my company has a number of medical insurance policies, can I use the combined coverage to meet the insurance requirement?
What is the penalty for not meeting the medical insurance requirement?
Are employers required to buy medical insurance for Employment Pass holders?
Do I need to buy a new enhanced medical insurance (as announced by MOM on 31 March 2023) for my Work Permit or S Pass holders if they already have an existing policy? If so, when must I do this?
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