Health Insurance Cost Singapore

Find out the cost of surgery and health care costs in singapore public and private hospitals one of the leading medical tourist destinations in the world.

Health insurance cost singapore. When these premiums combine with fwd s s 2 000 000 s 3 000 000 limit plans you will end up with one of the highest value international plans available. Anna is singaporean and looking to buy health insurance here s an example of health insurance in singapore as a singaporean anna is already covered with medishield life for further coverage anna can purchase an integrated shield plan ip if that s not enough she can add on ip riders medishield life is a basic health insurance for all singaporeans and prs ips cover you. Our 2017 2018 edition of the state of health insurance report in singapore shows that the average cost of international health insurance was usd 11 868 for retirees in 2017 making singapore the second most expensive country for retiree health insurance.

With relatively low health care costs modern medical technology and highly trained doctors singapore is one of the top medical tourist destinations worldwide. The average cost of international health insurance plan for a 45 year old expat living in singapore is s 3 227. Managing the cost of health insurance in singapore page 5 current situation singapore s healthcare financing system 10.

Pacific prime is asia s best insurance intermediary providing expert services to over 120 000 clients in 130 countries. In closing keep in mind that if you re headed to singapore for work or long term stay don t neglect getting health insurance even if there are no regulations enforcing it. How much does medical insurance in singapore cost in 2018.

Medical treatment is relatively expensive and an unforeseen serious illness or injury can cost thousands of dollars at the least. Premiums can vary depending on age gender and coverage. Singapore s healthcare financing system known as the s 3ms comprises four main components4 government subsidies medisave medishield life and other insurance i e.

Our award winning team of experienced and qualified advisors can help you navigate the world of singapore health insurance to find the best solution for your singapore relocation or travel needs. While singapore is notorious for being an extremely expensive nation to live with holding the title of the world s most expensive city for the fifth year running according to a report by the economist intelligence unit our health insurance cost is nowhere near the elevated level seen in the us. Pacific prime recently released a report called cost of health insurance 2018 for individuals and families in it we included different sets of rankings based on the cost of health insurance in 100 countries.