Tripartite workgroup studying group medical insurance costs for older workers
MOM said work injury compensation insurance premiums are not priced by employees’ age and it has seen no evidence they affect the hiring of senior workers, but some employers have raised concerns about the cost and limited coverage of non-mandatory group medical insurance for older staff. The Tripartite Workgroup on Senior Employment is studying the issue and will share its recommendations later in 2026.
Source: MOM — Written Answer to PQ on Group Medical Insurance for Senior Workers (7 Oct 2026)
