Category Archive For "Insurance"
Hike in premiums for Indonesia’s public health insurance
Public healthcare services have been available to Indonesian residents and expats since the beginning of 2014. Indonesian residents have benefited greatly from a range of health services provided by public facilities, including maternity and disease prevention. However, a hike in premiums for Indonesia’s public health insurance threatens to make basic healthcare unaffordable and out-of-each. In …
5 most effective ways of attracting and retaining millennial employees
Were you aware that by the end of 2020, millennials (born between 1981-1996) will make up more than a third of the world’s workforce? As we turn to the 2020s, this new generation of ambitious individuals will quickly form the bulk of your employees. For employers, this means that new methods and strategies will need …
Types of childbirth and delivery methods: Facts you should know
Today, there are many types of childbirth and delivery methods available, allow all expecting parents to choose the method that is safest for their physical conditions, while at the same time, allowing parents to capture the first moment their child enters the world. In this article by Pacific Prime Singapore, we will explore the most …
Singapore fintech investments exceed SGD $1 billion
Investment in financial technology ventures, or fintech for short, in Singapore increased at a rapid rate over the first nine months of the year. Based on an Accenture analysis, the growth was primarily driven by fundraising with insurtech firms and payments startups, along with a change in direction towards more mature businesses. In this Pacific …
Announcing the release of our Cost of Health Insurance Report 2019
We are thrilled to announce that our annual Cost of International Health Insurance in Singapore Report 2019 has finally launched. This latest report offers a sensory summary of the average costs of international health insurance in Singapore and the rest of the world, as well as valuable insights from industry professionals. In this Pacific Prime …
5 things you need to know about the rising measles cases in Singapore
Measles is the old kid on the block when it comes to diseases that have plagued humanity throughout the centuries. Even after vaccination for measles was invented in the 1960s, the disease is still making comebacks in all corners of the world, with significant numbers arriving in Singapore in the past 9 months. In this …
Update: the haze returns to Singapore in 2019
A blanket of haze has been roaming over Singapore in the past week as its residents scramble to prepare for yet another a smoggy weekend. Smokes traveling over from Indonesia, where fires were set to clear land for palm oil and pulp gloom over the city, resulting in the worst air quality the city-state has …
10 most common reasons for hospitalizations in Singapore
Singapore’s society has long been aging, with over 26% of those aged 65 or older still working to support themselves. Last year, the city was ranked 4th in the world for average life expectancy by CEOWORLD Magazine, besting other developed economies such as France, Sweden, and the United Kingdom. As Singapore’s elderly population grows, the …
Back to School Safety and Insurance Tips for Schools
In Singapore, the end of the summer holiday marks the beginning of the school term, and early September is when schools need to be ready to welcome back their students. Preparation can start well in advance before the start of the new term, during which, the school’s risk management and safety procedures should be reviewed. …
Singaporeans are living longer but struggle with skyrocketing medical costs
Singaporeans are living longer, but are struggling with hiking medical costs and health insurance inflation. The UN estimates that by 2035, 26% of Singaporeans will be over the age of 65 – more than double the 2015 figure of 11.7%. This finding, plus the fact that the fertility rate in Singapore stands at just 1.16, …