Tag Archives: medishield life

Therefore, decisions to increase Medishield Life premiums cannot be made unilaterally, but has to be debated in parliament. Medishield Life has to be transparent with its accounts and MPs have to scrutinize all financial assumptions, including basis for so-called medical inflation.

The PAP Senior Minister of State and colorectal surgeon Koh Poh Koon tried to justify the increase in MediShield Life premiums in 2021 by saying that delaying such an increase will only result in “steeper hikes down the road to catch up with rising claims.” MediShield Life premiums are expected …

I refer to the article “MediShield Life helps more people a year on” (My Paper, Nov 1). It states that “One year after Singapore introduced MediShield Life – a universal insurance scheme, more people are getting help with their medical bills.

Should the Overseas Singaporean choose to relocate back to Singapore or no longer meet the eligibility criteria for suspension of premium collection, they will have to pay the accumulated sum of premiums not paid previously, with compound interest.

If Mr Chua dies – since Weikang is the sole survivor of the family with no other family members – his hospitalisation bills will be covered by MediShield Life, the deductible and co-insurance may also be covered by MediFund and his MediShield Life premiums will also be waived.

This is another instance of a poorly thought through scheme and there’s really nothing ‘free’ because public resources are funded by tax payers. What the PAP has done is complicate a scheme and subsequently requiring public resources to explain the complications it has created. Seems like our scholars ‘eat finish nothing to do’.

It states that “About two-thirds of the population will be given permanent subsidies that range from 15 to 50 per cent of the new premiums. Anyone with a household per capita income of $2,600 or less – such as families of four with a total income of $10,400 or less – living in property with annual values of $21,000 or less, will enjoy these permanent subsidies. People living in properties with annual values of more than $21,000 do not get permanent subsidies, even if their household per capita income is very low.

My mum received a booklet from MOH about her Medishield Life Policy which started two days ago. Every Singaporean and PR has to have Medishield Life. She has has to pay a premium of $815 per years.

1% of Singaporeans and permanent residents, or about 25,000 people, will need to pay 30% more in premiums for Medishield Life for 10 years after MediShield Life begins in November. This is because these people have serious pre-existing medical conditions and will need more help to offset their large hospitall bills. They will be notified through letters from the Central Provident Fund (CPF) Board. Of the 25,000, 23,000 of these individuals are uninsured or are insured under MediShield or Integrated Shield plans but with exclusions.

Why is it that patients who are referred from a private clinic (other than Chas scheme card holders) may not be allowed to choose class C or B2 treatment? Also, why are patients typically told that they may have to wait for months for diagnostic tests or treatment, if they choose subsidised treatment (class C and B2) against treatment in class B1 and A?