If Malaysia plans to roll out a new long-term care insurance, what lessons can be learned from Singapore?
KUALA LUMPUR, Nov 7 — If Malaysia was to introduce its own national insurance for long-term care (especially for o...
In 2020, Singapore introduced a national long-term care insurance scheme called CareShield Life, which automatically enrolls and covers all Singapore citizens and permanent residents once they turn 30. This mandatory scheme cannot be opted out of, making it a useful reference for Malaysia to consider when planning its own long-term care insurance.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
