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Raffles Health Insurance

70Score
3.5

Customer satisfaction · 50K members

Seedly: Healthcare-Backed IP Provider(2026)

Raffles Health Insurance is Singapore's newest IP provider, uniquely backed by Raffles Medical Group. As the only IP provider integrated with a healthcare group, it offers potential for better care coordination and competitive pricing in certain demographics.

Overall Score

70/100

Founded

2019

Headquarters

Singapore

Type

private
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Key Metrics

Ip Plan

Raffles Shield

Unique Feature

Only IP backed by a healthcare group

Parent Group

Raffles Medical Group

Market Entry

2019 (newest IP provider)

Editorial Ratings

Seedly: Healthcare-Backed IP Provider(2026)

Rating: Newest IP provider — growing reviews (max: Top-rated)

70Seedly

Coverage Highlights

  • Only IP provider backed by a healthcare group (Raffles Medical)
  • Integration between insurer and hospital network
  • Unique care coordination benefits
  • Competitive pricing for certain demographics
  • Focus on holistic health management

Pros

  • Unique hospital-insurer integration
  • Potential for better care coordination
  • Competitive niche offerings

Cons

  • Newest and smallest IP provider
  • Limited track record
  • No independent financial strength rating
  • Smaller network outside Raffles hospitals

Frequently Asked Questions

What makes Raffles Health Insurance unique?

Raffles Health Insurance is the only Integrated Shield Plan provider backed by a healthcare group (Raffles Medical), enabling unique care coordination between insurer and hospital network.

Is Raffles Health Insurance financially strong?

Raffles Health Insurance does not have an independent financial strength rating from major agencies. It is backed by Raffles Medical Group, a listed healthcare company.

When was Raffles Health Insurance established?

Raffles Health Insurance was established in 2019, making it the newest of Singapore's seven authorized Integrated Shield Plan providers.

Quick Summary

InsurerRaffles Health Insurance
Country🇸🇬 Singapore
Overall Score70/100
Satisfaction3.5/5
Members50K
Typeprivate
Founded2019

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