Employers turn to health insurance as public waitlists grow

Soaring medical costs have contributed to rising premiums. (Image: Getty)

Mon, 17 Nov 2025

As pressure mounts on the public health system, employers are turning to private health insurance to help attract and keep staff, despite rising premiums.Marc Hamilton of insurance broker Cover Yours said medical costs had been rising at nearly seven times the pace of general inflation, rising from 7.4% in 2024 to 14.5% in 2025, one of the highest jumps in the Asia-Pacific region.“All of the insurers have put what feels like inflation-busting price hikes on to their health policies,” Hamilton said. Rising premiumsAIA and Southe...

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