For today’s business leaders, group insurance for employees is more than just a staff benefit. It is a strategic investment in people and performance. Employees who feel protected and supported are more engaged, more loyal, and less likely to leave.
Since 2011, David Ho has helped Singapore businesses design corporate health insurance solutions that balance affordability with solid group medical coverage. This allows HR and Finance leaders to meet workforce needs while keeping costs under control.
Corporate group health insurance (often referred to as group medical insurance Singapore) is a unified policy arranged by an employer to provide healthcare coverage for the entire workforce. Typical plans include outpatient services, hospitalization, specialist consultations, and preventive care.
By covering employees collectively, companies gain access to company medical insurance rates that offer better coverage at lower costs compared to individual policies. For decision-makers, the value goes beyond healthcare access.
Showing employees the company values their well-being.
More efficient risk pooling and competitive premiums.
Healthier employees with fewer sick days and smoother operations.
Positioning the company as an attractive workplace in Singapore’s competitive job market.
Group medical insurance in Singapore covers a broader range of conditions compared to individual health plans. Group underwriting is less restrictive on pre-existing conditions, subject to insurer terms and applicable sub-limits.
Group insurance for employees in Singapore covers a range of plan types. Most companies combine two or more to build a complete benefits package.
| Plan Type | What It Covers |
| Group Hospitalisation & Surgical (GHS) | Inpatient ward charges, surgery, specialist consultations during admission, pre- and post-hospitalisation treatment |
| Group Outpatient | GP consultations, specialist visits, emergency outpatient treatment, diagnostic tests |
| Group Dental | Scaling and polishing, fillings, extractions; some plans include orthodontic coverage |
| Group Term Life (GTL) | Lump-sum payout to beneficiaries on death of the insured employee; typically includes total and permanent disability benefit |
| Group Personal Accident (GPA) | Compensation for accidental death, permanent disablement, and medical expenses from accidents |
| Flexible Benefits | Employee-directed credit allocation across optical, dental, wellness, lifestyle, and other benefit categories |
Local group medical insurance premiums in Singapore vary by plan type, company size, and workforce profile. As a general reference:
| Local Plan Type | Estimated Premium Range (per employee per year, pepy) |
| Basic inpatient-only (GHS & GMM) | $300 – $600 |
| Inpatient + outpatient | $600 – $1,100 |
| Comprehensive (Inpatient, Outpatient, Dental & Optical) | $900 – $1,800 |
Several factors determine your group medical insurance premium in Singapore, including:
Most Singapore insurers require a minimum of five employees to qualify for group coverage, though some providers offer starting packages for teams as small as three.
As a company health insurance broker, David Ho does more than place policies. The team designs group insurance plans that hold up after the sale, for HR and Finance leaders who want a broker they do not have to chase for answers.
David Ho is registered with the Monetary Authority of Singapore as an insurance broker. The team works across Singapore’s insurer panel, so your business gets a real comparison of options rather than a single quote. See how this has worked for other Singapore businesses in our case studies.
No two companies are the same. If you’re running a small business, you need a medical plan that can grow with you and take care of your team along the way. Our group medical insurance plans are designed with flexibility in mind, so whether you’re an SME, a startup, or a growing company, your employees get the right level of protection without unnecessary costs.
You can choose from a range of flexible benefits, including:
This flexibility ensures your group medical insurance plan grows alongside your business, supporting both employee well-being and organizational goals.
We take the time to understand your workforce profile and business priorities before recommending a plan. From consultation through to implementation, our team provides:
Our role is to simplify the process and keep your coverage effective long term, so HR and Finance teams can focus on running the business without added stress.
We partner with trusted group health insurers in Singapore to give companies access to high-quality healthcare services and competitive rates. Through our network, your employees gain access to:
By combining strong insurer partnerships with dedicated client support, we provide solutions that protect employees, manage costs, and deliver lasting value for your organization.
A step-by-step overview
At David Ho Insurance, we specialise in creating customised group insurance plans that meet the unique needs of your organisation. Our proven process ensures a seamless transition from consultation to implementation.
We start with an in-depth conversation to understand your unique needs and goals.
Do you want to… ?
Benchmarks, policy review, comparison & renewal analysis – all done for you!
One stop shop for all of your insurance needs
Your questions answered about our insurance services and how we can assist you.
As your group health insurance broker, David Ho compares plans across a panel of insurers in Singapore, negotiates pricing on your behalf, and manages the paperwork from application to renewal. Our team also handles claims support and yearly reviews, so your coverage stays right for your workforce as it changes.
Yes, but only up to a limit. IRAS allows group medical insurance premiums to be deducted as a business expense up to 1 percent of your total employee remuneration for the year. This cap rises to 2 percent if your company uses an approved portable medical benefits scheme, such as PMBS or TMIS. Amounts above the cap are not deductible, so it is worth checking with your accountant on how this applies to your specific payroll.
Most insurers in Singapore require a minimum of three to five employees to qualify for group medical coverage. Startups and smaller teams can still get coverage. David Ho works with multiple insurers and can identify plans suited to businesses at early growth stages.
We benchmark policies against industry standards and negotiate with top insurers to secure competitive premiums. By analysing your workforce profile, we help you avoid unnecessary coverage while ensuring essential benefits are protected. This approach keeps costs sustainable for the company while still delivering meaningful value to employees.
Our support does not end after setup. We provide continuous assistance with claims, policy renewals, and benefit updates. HR and Finance teams receive regular reviews to ensure coverage remains cost-effective, while employees benefit from guidance sessions and direct claim support. This ongoing partnership ensures your insurance plan stays relevant as your workforce grows and changes.
We recommend reviewing plans annually to ensure coverage remains aligned with workforce needs, medical cost trends, and your company’s budget. Regular reviews also create opportunities to renegotiate better premiums or expand benefits where necessary.
Yes. Every business has unique needs, and our group insurance plans are designed to be flexible. You can choose the level of coverage that best fits your workforce, from basic outpatient care to comprehensive packages that include specialist consultations, preventive health, and wellness support. As your company evolves, your plan can be adjusted to stay aligned with your goals.
Our group medical insurance plans typically cover:
This comprehensive range ensures employees have access to the care they need, while businesses benefit from a healthier, more productive workforce.
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