Higher Foreign Medical Insurance Coverage Required
06/04/2023
With effect from 1 July 2023, employers of work permit and S Pass holders will need to provide their workers higher medical insurance coverage with an annual claim limit of at least $60,000, up from the current $15,000.
Under the new rules, employers also have to co-pay 25 per cent of claim amounts that go above the first $15,000.
Employers will no longer need to pay for their workers’ medical treatment upfront and claim the amount from insurers later. Insurers will be required to reimburse hospitals directly.
More details can be found on MOM’s website.
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