, Singapore

3 big changes to Singapore healthcare you should know right now

How will healthcare firms be affected?

According to DBS, in the National Day Rally, the Prime Minister unveiled three major changes to healthcare in Singapore.

These pertain to MediShield (a basic medical insurance for Singaporeans), usage of MediSave (a healthcare savings scheme) and Community Health Assist Scheme (CHAS, a subsidy scheme to help defray medical/ dental costs for older, low income Singaporeans). 

Here's more from DBS:

While details are yet to be released, we believe the impending changes are unlikely to have major impact on private healthcare providers.

The changes, as we see it, seem to be catered towards assisting the lower income and older residents. 

For instance, the revision of MediShield (to change to MediShield Life) for persons with pre-existing conditions and with no age limit, is likely to increase the number of persons insured under MediShield, but we believe there should be no 

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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