Tag: foreign worker medical insurance
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Rising Dental Costs in Singapore: How Insurance Can Help
Singapore residents are facing a double whammy: rising dental care costs and stagnant dental benefits. This can lead to a significant financial burden, especially for those who require regular dental checkups or complex procedures. Here’s a quick rundown of the situation: This is where dental coverage in your company’s group insurance can play a crucial role. Here’s how MAKinsure…
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Workplace Fatalities 2021
In a press release, the Ministry of Manpower (MOM) published the figures on workplace safety for 2021. In total, there were 37 fatalities, comparable to that in 2019 before Covid-19 hit. There were also about 610 incidents which resulted in major injuries, a slight drop compared to 629 in 2019. Even so, the incident rate…
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Contractor Hiring Ban
Waterproofing contractor Le Fong Building Services was barred from hiring foreign workers for a period of 3 months after one of its employee fell through a roof more than 8m high and sustained multiple bodily injuries. The incident happened after the worker stepped on a skylight panel which broke. Upon inspection, Ministry of Manpower (MOM)…
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Changes to Foreign Workers Medical Insurance – Jul 2023
With effect from 1 July 2023, the requirement by Ministry of Manpower (MOM) to maintain adequate medical insurance for foreign workers on work permits have increased from S$15000 to S$60000 per year. Also, employers are subjected to a 25% co-payment for any claims above S$15000, up to the annual limit of at least S$60000. On…