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Singapore urges insurers to cut excessive health plans to control costs and avoid higher premiums.
Singapore's Health Ministry, led by Minister of State Rahayu Mahzam, urged private insurers to revise overly generous health plans that drive up claims and costs, warning that further regulation could raise premiums or make policies unviable.
Speaking on September 24, 2025, she stressed that existing laws prevent anti-competitive behavior and that the real issue stems from self-harming competition, leaving insurers near break-even or at a loss.
The government is promoting responsible healthcare use through public education and published fee benchmarks, while encouraging industry collaboration to ensure sustainability without harming consumers.
Singapur insta a las aseguradoras a recortar los planes de salud excesivos para controlar los costos y evitar primas más altas.