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More isn’t necessarily better when it comes to private health insurance: Ong Ye Kung

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Manage episode 514121705 series 2746641
Content provided by CNA Podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNA Podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Insurance riders that cover nearly all private hospital bills have created a situation where patients go for tests they may not need, insurers lose money and premiums spiral upward. Health Minister Ong Ye Kung tells Steven Chia how the government is looking into setting benchmarks for private hospital charges - similar to what has been done for surgeon fees.

See omnystudio.com/listener for privacy information.

  continue reading

Chapters

1. More isn’t necessarily better when it comes to private health insurance: Ong Ye Kung (00:00:00)

2. How generous riders distorted the market (00:03:36)

3. Who tied the bell on the tiger? (00:06:19)

4. Rider costs shift pressure to public hospitals (00:09:52)

5. Is absolute peace of mind worth the cost? (00:16:42)

6. Do young Singaporeans need riders? (00:26:24)

202 episodes

Artwork
iconShare
 
Manage episode 514121705 series 2746641
Content provided by CNA Podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNA Podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Insurance riders that cover nearly all private hospital bills have created a situation where patients go for tests they may not need, insurers lose money and premiums spiral upward. Health Minister Ong Ye Kung tells Steven Chia how the government is looking into setting benchmarks for private hospital charges - similar to what has been done for surgeon fees.

See omnystudio.com/listener for privacy information.

  continue reading

Chapters

1. More isn’t necessarily better when it comes to private health insurance: Ong Ye Kung (00:00:00)

2. How generous riders distorted the market (00:03:36)

3. Who tied the bell on the tiger? (00:06:19)

4. Rider costs shift pressure to public hospitals (00:09:52)

5. Is absolute peace of mind worth the cost? (00:16:42)

6. Do young Singaporeans need riders? (00:26:24)

202 episodes

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