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Health CheckAuthor: The Straits Times
Synopsis: Every first Wednesday of the month, The Straits Times helps you make sense of health matters that affect you. Podcaster: Joyce Teo Produced & edited by: Amirul Karim Executive producers: Ernest Luis & Lynda Hong A podcast by The Straits Times, SPH Media. Language: en-us Genres: Health & Fitness, Medicine, Mental Health Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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S1E148: Should you buy a health insurance rider, downgrade your old rider or drop it?
Episode 148
Monday, 13 April, 2026
Navigating Singapore’s evolving health insurance landscape. Synopsis: Every first Wednesday of the month, The Straits Times helps you make sense of health matters that affect you. The rules for Integrated Shield Plan (IP) riders changed on Apr 1, 2026. New mandates from the Ministry of Health mean that riders that offer nearly full coverage can no longer be sold. They have been replaced by plans that require higher out-of-pocket costs in exchange for lower premiums. These new riders promote greater accountability in controlling escalating healthcare expenses. If you have an existing IP rider, you might wonder if you should "grandfather" your current plan, switch to a new one to save on premiums, or perhaps do without one? If you are just starting your healthcare journey, you need to understand why MOH is removing deductible coverage and doubling the co-payment cap from $3,000 to $6,000. In this episode, host Joyce Teo engages with a private sector surgeon and a health economist to discuss the new landscape of health insurance, how to think about your future healthcare needs, and the crucial role of personal responsibility. The guests are Dr. Tan Yia Swam, a breast surgeon and former president of the Singapore Medical Association, and Dr. Akshar Saxena, an Assistant Professor of Economics at Nanyang Technological University. In the podcast, Dr Tan also addresses a common misconception that private sector doctors frequently overcharge. Highlights (click/tap above): 8:05 Knowing the difference between an elective surgery and an emergency one. 10:40 Addressing the public perception that some doctors overcharge patients… 15:20 On the importance of personal responsibility… 23:07 Dr Akshar on the impact of the Apr 1 changes on legacy riders 24:18 Dr Tan’s perspective on preparing for her future medical needs. Read Joyce Teo's stories: https://str.sg/JbxN Host: Joyce Teo (joyceteo@sph.com.sg) Produced and edited by: Amirul Karim Executive producers: Ernest Luis and Lynda Hong Follow Health Check Podcast here and get notified for new episode drops: Channel: https://str.sg/JWaN Apple Podcasts: https://str.sg/JWRX Spotify: https://str.sg/JWaQ Feedback to: podcast@sph.com.sg --- Follow more ST podcast channels: All-in-one ST Podcasts channel: https://str.sg/wvz7 Get more updates: http://str.sg/stpodcasts The Usual Place Podcast YouTube: https://str.sg/theusualplacepodcast --- Get The Straits Times app, which has a dedicated podcast player section: The App Store: https://str.sg/icyB Google Play: https://str.sg/icyX --- #healthcheckSee omnystudio.com/listener for privacy information.
