Cancer Drug List – Singlife

TLDR version

Starting from 1st April 2023, the Integrated Shield Plan will no longer provide ‘As-Charged’ coverage for cancer, following the Ministry of Health (MOH) policy and MediShield Life (MSL) changes.

Here’s what you need to know if you are a Aviva / Singlife MyShield policyholder.

  • Drugs on Cancer Drug List: 5X MediShield Life Limit
  • Drugs not on the Cancer Drug List: Not covered

Across all 7 insurers, Singlife has the lowest cover as there are no extra benefit/coverage from having an existing cash rider (HealthPlus etc). However, Singlife is also the only insurer (as of the date of this post) who has launched a cancer medical reimbursement plan that will cover the charges for outpatient cancer drug treatments (including drugs not on the cancer drug list) at a much higher limit. It also covers selected cancer treatments such as Inpatient and Outpatient Cell, Tissue and Gene Therapy and Proton Beam Therapy.

Coverage is as charged and the plan will cover, in excess of deductible, up to S$1.5million per policy year.

More FAQ on Singlife and the CDL Coverage

 

Update 01 September 2024
Effective from 1 September 2024, Singlife Health Plus (Cash rider) policies will offer additional coverage for cancer drug treatments listed on the Cancer Drug List (CDL), supplementing the existing 5x MediShield Life (MSHL) limit available under Singlife Shield plans, and provide higher coverage for cancer drug treatments not listed on the CDL.

If you do not have the Singlife Health Plus (or if you have not taken up the Cancer Cover Plan), it will be crucial to take up at least 1 of the 2 plans, depending on your health condition.

https://singlife.com/en/useful-guides/changes-to-singlife-shield-and-singlife-health-plus#:~:text=Effective%20from%201%20September%202024,for%20cancer%20drug%20treatments%20not

Important: The information and opinions in this article are for general information purposes only. They should not be relied on as professional financial advice. Readers should seek unbiased financial advice that is customised to their specific financial objectives, situations & needs. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.

Published By:

Lim Zhiwen Yvonne

I believe that “Worrying is not planning and Hope is not a good strategy”, and that the purpose of Financial Planning is to allow us to lead fulfilling lives while being financially wise.

As such, my role as a Certified Financial Planner CFP® is to help my clients build those sound financial strategies and design action plans that put them on track to their financial goals so that they can live the best possible life for themselves.

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Other than financial planning & investment, I love to travel, read, bake and I am an adrenaline enthusiast. I am most looking forward to the day my children join me on my adventures.

 

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