Medical Insurance
3 in 5 Singaporeans worried they can’t afford vital medical care
3 in 5 Singaporeans worried they can’t afford vital medical care
There is also uncertainty over where to seek treatment adds to the problem.
Children drive surge in pollution-linked health claims in India
Pollution-related illnesses now form more than 8% of total hospitalisation claims
Employers in Asia see budgets strained as insurers tighten coverage
63% of insurers in Asia expect to cut coverage to manage rising costs in 2026.
Asia-Pacific disability insurance market to grow 13.5% yearly
It will likely be driven by rising awareness of income protection products.
CTF Life expands hospital network with 3 major Hong Kong partners
The hospital joined CTF Life’s PrimeChamp Doctor Network.
APAC medical plan costs to rise 11.3% in 2026
A third of APAC markets expect lower medical trend rates.
WTW data shows insurers expect health costs to keep rising
Over half expect elevated levels to persist for more than three years.
Oona Insurance introduces flexible coverage for Filipinos abroad
Oona members have cashless access to over 650 hospitals and clinics nationwide.
Insurers urged to ease healthcare costs in Asia, study shows
In Indonesia, 93% of patients reported postponing treatment.
COVID-19 insurance market forecast to grow at 6.5% CAGR
Looking ahead, the market is forecast to reach $62.35b by 2029.
Philippines HMOs lift healthcare benefits 20% in first half 2025
The industry’s net income surged 131.12% to $0.03b.
Great Eastern offers self-help tool to assess protection gaps
It also allows them to compare existing coverage.
Manulife Hong Kong expands hospital access to 38,000 sites in China
It also extended its Credit Service for Hospitalisation to over 800 hospitals in China.
Singapore doubles CareShield Life payout growth rate to 4% yearly
From 2030, monthly payouts for claimants will be US$628 (S$806).
Singlife launches critical illness plan with high recurrent payouts
It covers 135 critical illness conditions at early, intermediate, and severe stages.
Allianz Malaysia offers cashless hospital cover in travel plan
Coverage extends to senior citizens up to age 85.
AIA Singapore, Mount Alevernia collaborate for cost-efficient healthcare
The MoU builds on AIA Singapore’s healthcare initiatives rollout in 2024.