MAS - Monetary Authority of Singapore

04/02/2024 | News release | Distributed by Public on 04/02/2024 07:14

Written reply to Parliamentary Question on insurance appeals

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Parliamentary Replies
Published Date: 02 April 2024

Written reply to Parliamentary Question on insurance appeals

Date: For Parliament Sitting on 2 April 2024

Name and Constituency of Member of Parliament

Mr Rachel Ong, MP, West Coast GRC

Question:

To ask the Prime Minister for each year since 2015, how many appeals have been made to the Monetary Authority of Singapore relating to issues with getting insurance coverage by (i) people with disabilities (ii) individuals on the autism spectrum and (iii) people with mental health issues.

Answer by Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Chairman of MAS:

1. Over the past three years, the Monetary Authority of Singapore (MAS) received fewer than 10 consumer appeals or complaints relating to issues with getting insurance coverage by persons with disabilities, on the autism spectrum, or with mental health conditions. Prior to this period, MAS received an average of less than 1 case per year of such nature.

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