New $15,000 Minimum for Foreign Worker’s Medical Insurance
From 1 January 2010, the minimum coverage of the Medical Insurance that employers are required to buy and maintain for the inpatient care and day surgery for each of their Work Permit Holders and S Pass holders, will be $15,000 a year.
From 1 January 2010, the minimum coverage of the medical insurance that employers are required to buy and maintain for the inpatient care and day surgery for each of their Work Permit Holders and S Pass holders, will be $15,000 a year. The new requirement applies to insurance policies signed or renewed on or after 1 January 2010.
Employers have been required to purchase and maintain insurance for the medical costs of Work Permit Holders (including Foreign Domestic Workers) and S Pass holders since 1 January 2008. This requirement was implemented in tandem with the withdrawal of healthcare subsidies for foreigners. The Medical Insurance will help reduce employers' exposure to large hospital bills.
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