SINGAPORE: The MediShield Life insurance plan is being reviewed to ensure healthcare remains accessible and affordable amid rising costs, Health Minister Ong Ye Kung announced on Wednesday (Mar 6). During his ministry's budget debate in parliament, Mr Ong pointed out that a major factor for rising healthcare cost is that people in Singapore are getting older, and are hence more likely to fall seriously ill. He added that with technological advancement, new treatments may work better but often cost more. Inflation has also gone up around the wor ...
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