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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If the effective start date of your existing MI policy is before 1 July 2023, you can remain on the existing MI with $15,000 coverage.

However, at your next policy purchase, renewal or extension, you must ensure your policy meets the following:

Stage 1 requirements for all policies with start dates effective from 1 July 2023
Stage 2 requirements for all policies with start dates effective from 1 July 2025.

If you have existing MI policies that are longer than a 2-year term, you must ensure that your workers are covered under:

Stage 1 requirements by 30 June 2025
Stage 2 requirements by 30 June 2027

Please see below for some examples:

Employer A signs an MI with $15,000 coverage effective on 1 May 2023. The MI is a 1-year plan, due for renewal on 30 April 2024.

In this case, Employer A may choose to remain on the existing $15,000 MI coverage until 30 April 2024. However, at the next renewal (i.e., from 1 May 2024 onwards), Employer A must purchase an MI policy that minimally complies with Stage 1 requirements since the effective start date of the policy is after 1 July 2023.

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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