MSIG taps Inova Care for health portfolio management

The partnership aims to address the country’s double-digit medical inflation.

MSIG Singapore has appointed Inova Care as its new health claims service provider.

MSIG said this appointment comes as part of its strategy to improve healthcare portfolio management and ensure the sustainability of health plans for corporate clients. 

The partnership aims to address challenges in the health insurance sector, including double-digit medical inflation driven by an aging population, overconsumption, and overservicing of medical services.

Inova Care specialises in managed healthcare, clinical pathways, and patient monitoring services, achieving cost efficiencies for clients. It has a strong presence in Asia, including Singapore.

"Inova Care's expertise will drive greater efficiencies and fundamentally benefit our policyholders by improving the quality and affordability of our health plans,” Mack Eng, CEO of MSIG Singapore, said in a release.