Medical cost inflation in Singapore hits record 16.9%; The insurance agency is calling for collective action

Medical cost inflation in Singapore hits record 16.9%; The insurance agency is calling for collective action

Singapore – With medical cost inflation in Singapore expected to reach a high of 16.9 percent by 2026, the Life Insurance Association of Singapore (LIA) has called for collective action to address issues such as high consumption of healthcare services, and rising medical costs. This means collaboration between insurers, healthcare professionals and providers, consumers and … Read more