Experts call for MediShield Life to cover more cutting-edge treatments
The Straits Times|March 11, 2024
Higher premiums a worthwhile price to pay for added protection, they say
Lee Li Ying
Experts call for MediShield Life to cover more cutting-edge treatments

As more cutting-edge medical treatments offer the promise of combating previously incurable diseases, the possible inclusion of such treatments under a national health insurance scheme has been lauded by healthcare experts.

Health Minister Ong Ye Kung announced in Parliament on March 6 that premiums for MediShield Life are set to increase, in order to provide more assurance against large medical bills and to pay for new ground-breaking treatments.

An 11-member expert panel, the MediShield Life Council, is reviewing the scheme and expected to finalise its recommendations by the second half of 2024.

One of the things it is looking into is the expansion of MediShield Life coverage to cell, tissue and gene therapy products, also known as CTGTPS.

While these treatments are promising, many are nascent and very expensive, with prices ranging from a few hundred thousand dollars to a few million dollars per treatment, said Mr Ong previously, adding that insurance coverage will be extended to treatments that are clinically effective and cost-effective.

Associate Professor Jeremy Lim, director of the Leadership Institute for Global Health Transformation at the NUS Saw Swee Hock School of Public Health, said MediShield Life should definitely look at covering CTGTPs as some of the treatments are life-changing.

He raised the example of Zolgensma, an innovative gene therapy that is used to treat children with a genetic condition called spinal muscular atrophy or SMA. As at March 2023, there were about 50 people here with the disorder.

Those afflicted with SMA suffer from paralysis and breathing difficulties, and can die before the age of two. The single-dose treatment corrects the genetic defect and improves survival rates.

This story is from the March 11, 2024 edition of The Straits Times.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the March 11, 2024 edition of The Straits Times.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM THE STRAITS TIMESView All
VICTORIA'S GOLDEN GOALKEEPER
The Straits Times

VICTORIA'S GOLDEN GOALKEEPER

Deyveekan put off ACL surgery, then puts down RI with 3 shoot-out saves

time-read
2 mins  |
May 16, 2024
After 3rd over 1,200m and 2nd over 400m, Burridge’s 3YO aims for Ist in Guineas mile
The Straits Times

After 3rd over 1,200m and 2nd over 400m, Burridge’s 3YO aims for Ist in Guineas mile

Trainer Steven Burridge's quest for that elusive three-year-old feature win will come down to one last bullet in the $150,000 Group 2 Singapore Guineas (1,600m) on May 18.

time-read
3 mins  |
May 16, 2024
Indonesian group eyes big boost from buying Shell's assets
The Straits Times

Indonesian group eyes big boost from buying Shell's assets

Chandra Asri expects as much as $13.5b in annual revenue from refining site

time-read
3 mins  |
May 16, 2024
US govt says it can prosecute Boeing over 737 Max crashes
The Straits Times

US govt says it can prosecute Boeing over 737 Max crashes

The US Justice Department on May 14 said Boeing can be prosecuted for two 737 Max crashes that killed 346 people approximately five years ago.

time-read
2 mins  |
May 16, 2024
Seatrium shares slide on news of removal from MSCI index
The Straits Times

Seatrium shares slide on news of removal from MSCI index

Seatrium's strategy to raise the investment profile of the company via a share consolidation received a blow on May 15 when the stock fell sharply following its removal from the closely watched MSCI index.

time-read
2 mins  |
May 16, 2024
Huawel takes on Apple with more China flagship stores
The Straits Times

Huawel takes on Apple with more China flagship stores

Aggressive move to retake crown for premium electronics as it rebounds from US sanctions

time-read
3 mins  |
May 16, 2024
At least 10 cars slide and crash at Funan mall's carpark ramp
The Straits Times

At least 10 cars slide and crash at Funan mall's carpark ramp

Mall says incident under probe; affected drivers given assistance

time-read
2 mins  |
May 16, 2024
The Straits Times

Man's jail term upped for downloading child sex abuse material

Indonesian’s jail time increased from 6 weeks to eight months after appeal by prosecution

time-read
2 mins  |
May 16, 2024
Sales of new private homes slump to 4-year low in April
The Straits Times

Sales of new private homes slump to 4-year low in April

Lack of major new launches, buyers’ fatigue and high interest rates among the factors

time-read
3 mins  |
May 16, 2024
Survey finds only 15% here aware of net-zero emissions target
The Straits Times

Survey finds only 15% here aware of net-zero emissions target

But two-thirds of respondents keen to contribute when told about country’s goal

time-read
3 mins  |
May 16, 2024