|
 |
|
Source:
www.mom.gov.sg
|
|
INTRODUCTION OF EMPLOYER-FINANCED MEDICAL
INSURANCE REQUIREMENT FOR FOREIGN WORKERS |
|
|
|
|
The Ministry of Manpower will require
employers to purchase and maintain insurance for the medical expenses of
foreign workers from 1 January 2008. |
|
This requirement is being implemented in
tandem with the withdrawal of healthcare subsidies for foreigners1,
which was previously announced by the Ministry of Health. The
requirement will apply to: |
- All new and existing foreign workers
on Work Permit or S Pass from 1 January 2008.
- All new foreign domestic workers, and
existing foreign domestic workers when employers renew their Work
Permits, from 1 January 2008.
|
|
Medical Insurance Requirement |
|
The coverage must be at least $5,000 a year
for each worker’s inpatient care and day surgery during his/her stay in
Singapore. The coverage amount is set at a basic level, and will be
sufficient to cover nine out of every ten hospital bills for foreign
workers, based on statistics from the Ministry of Health. |
|
The requirement to purchase and maintain
medical insurance will be included as a condition of a Work Permit or
S-Pass. This is in line with the employers’ existing responsibility for
the upkeep and maintenance of their foreign workers, including the
provision of medical treatment. |
|
Medical Insurance Plans |
|
To help employers meet the medical
insurance requirement, MOM has worked with insurers to make
available suitable plans. Employers may consider purchasing
insurance plans from NTUC Income Insurance Co-Operative Ltd, Great
Eastern Life Assurance Co Ltd, or Overseas Assurance Corporation
Ltd (as indicated below). These insurers have responded to MOM’s
Request for Proposal exercise with competitive plans. Employers
may also choose other plans offered by any insurer, so long as it
meets the coverage criteria. |
|
Available plans for foreign
workers: |
- Medical Insurance Scheme for
Foreign Workers, by NTUC Income Insurance Co-operative Ltd
(from as low as $58 per 12-month policy period)*
- Foreign Workers Group Hospital
and Surgical Plan, by Great Eastern Life Assurance Co Ltd
(from as low as $80 per 12-month policy period)*
|
|
Available plans for foreign
domestic workers: |
- Medical Insurance Scheme for
Foreign Domestic Workers, by NTUC Income Insurance
Co-operative Ltd (from as low as $120 per 26-month policy
period)*
- OAC Maid Supreme, by Overseas
Assurance Corporation Ltd (from as low as $110 per 26-month
policy period)*
|
|
Further details on the medical
insurance requirement will be sent to employers of foreign workers
and foreign domestic workers. More information is also available
on the Ministry’s website
www.mom.gov.sg or Call-Centre at (65) 6438 5122. |
|
(* Note: See Annex A for details.
These are indicative prices, and direct comparisons are not
meaningful because of different product features. Employers can
contact the insurers for a detailed quotation.) |
|
More..... |
|
1
Hospitalisation subsidies for foreign workers will be withdrawn
with effect from 1 January 2008 |
|
Source:
www.mom.gov.sg Press Release
13 Sep 2007 |
|
Related Articles: |
|
-
Foreigners to get no subsidy at polyclinics from 2006 |
|
-
Medical subsidies for foreign workers being reviewed |
|
 |
|
Important
Notice |
|
Our FrontPage
Editions are a historical record of our Web site and reflect
the changing of the times, and also of our Web site through
time. We do not and will not update the links and stories on
these FrontPages even if they have become obsolete. |
|
FrontPage Edition: Fri 14 September 2007
All rights reserved
