For subscribers
Understanding ElderShield and its proposed changes
A special committee has proposed a makeover to the ElderShield scheme. Invest editor Lorna Tan tackles the whats and whys behind the recommendations.
Sign up now: Get ST's newsletters delivered to your inbox
1 HOW IS ELDERSHIELD DIFFERENT FROM MEDISHIELD LIFE?
Both are insurance schemes that cover policyholders for as long as they live. While ElderShield covers people with severe disabilities, MediShield takes care of large hospital bills. You can opt out of ElderShield but not MediShield.
