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I thought more cancer drugs are being subsidied and therefore cheaper. The integrated shield plan only cover a few drugs that's not on CDL...
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Not an insurance adviser or underwriter, just looking at the surface of things, they are using any opportunity to increase prices.
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This is part of annual revision of their premiums, based on loss ratio (basically the cost of medical services in Singapore and the trend of claims).
I do not think it is realted to the introduction of cancer drug list.