In Singapore, is it a legal requirement for employers to provide medical insurance for their employees? If so, what are the minimum requirements? If not, what are some of the reasons why employers might choose to provide medical insurance for their employees?
In Singapore, there is no legal requirement for employers to provide medical insurance for their employees. However, some employers may choose to provide medical insurance as a benefit to their employees. The minimum requirements for medical insurance coverage may vary depending on the employer. Some of the reasons why employers might choose to provide medical insurance for their employees include attracting and retaining talent, as well as providing financial protection in the event of an illness or accident.