MOH to review MediShield Life insurance coverage, claim limits amid rising healthcare costs

The government will also think about expanding MediShield Life policy to more types of ambulatory and home-based care, as well as improving coverage for procedures already covered by the program, such as dialysis.

The one home-based maintenance service known as the Mobile Inpatient Care- at- Home or MIC@Home will be covered by MediShield Life and various programs and subsidies starting on April 1.

Additionally, the council will look into how to expand the scope of MediShield Life coverage to include products for medical, preventive, palliative, or diagnostic use. &nbsp,

According to Mr. Ong,” Medical science is rapidly progressing, and CTGTPs have the potential to revolutionize care and provide effective treatment for formerly incurable” conditions.

But, he added, while the technology is advanced quickly and is appealing, it is emerging and quite expensive. According to the article, “it could cost anything from a few hundred thousand bucks to a few million dollars, per care.”

CTGTPs should begin being covered by MediShield Life, according to Mr. Ong. However, protection must be in place to ensure that CTGTP funding remains viable.

For example, this would mean limiting MediShield Living coverage to procedures that have been determined to be both cost-effective and secure. This is a major step in helping all Taiwanese patients have access to cost-effective, novel, state-of-the-art treatments, despite of their income levels.

According to MOH, these changes, along with the rising pay and state trends, will necessitate a review of MediShield Life premiums to ensure that premiums remain sufficient to maintain the scheme’s self-sustaining status.

Although rates are anticipated to rise, MediSave will continue to pay them completely, according to the statement. &nbsp,
 
The Health Ministry did examine advanced subsidies and other targeted assistance measures to help people with lower incomes and those who may not have much MediSave balances. &nbsp,

According to the statement,” No one will gain their MediShield Life insurance if they are genuinely unable to afford rates.”

The MediShield Life Council’s tips are anticipated to be finalized in the second half of the time. &nbsp,