MediShield Life to start on Nov 1

MediShield life, the compulsory health insurance which will cover everyone for their entire life, will start on November 1.
MediShield life, the compulsory health insurance which will cover everyone for their entire life, will start on November 1.PHOTO: SCREENGRAB FROM MOH.GOV.SG

SINGAPORE - MediShield life, the compulsory health insurance which will cover everyone for their entire life, will start on November 1.

Announcing this on Sunday, Health Minister Gan Kim Yong said letters will be sent in October to those who are currently not insured, telling them what they may need to do.

Others will be informed when it's time to renew their current insurance.

 

Meanwhile, every household will be sent a MediShield Life booklet in four languages giving them details of the scheme.

MediShield Life will provide everyone - both sick and healthy - with lifetime health insurance cover. 

Coverage will be higher with lower co-payments and no lifetime claim caps, but premiums will be higher than the current scheme.

The Government has assured that this scheme will be made highly affordable with Government aid of about $4 billion over five years being pumped in. There will also be transitional subsidies which will be given to everyone for the first four years.

On top of that, two in three people will also get 15-50 per cent permanent subsidies on their premiums. Additional help will be given to those who still can't afford the premiums.

For the majority, the higher premiums will be entirely covered by Medisave.

On Friday (July 31), it was announced that the 12-member MediShield Life Council had been set up to ensure the scheme's smooth launch. 

For the answers to 101 frequently asked questions about the scheme, click here

Readers can also contact ST's Health Correspondent Salma Khalik and view the questions posed to her here