Budget 2013: More funds poured in to meet eldercare and healthcare needs of low-income households
The Government is introducing further support to meet Singaporeans' healthcare needs in Singapore Budget 2013.
It will expand the existing Senior's Mobility Fund into a Senior's Mobility and Enabling Fund, which will cover a much wider range of assistive devices, such as hearing aids, shower chairs and motorised wheelchairs. Singapore Budget 2013 will also top up the fund from the current $10 million to $50 million.
Deputy Prime Minister Tharman Shanmugaratnam said in his Singapore Budget 2013 speech on Monday that many frail elderly living at home are concerned with the cost of consumables, such as milk feeds and diapers, which can be a costly burden. The Government will thus provide subsidies of up to 80 per cent to lower-income elderly to help defray the cost of consumables. For example, an elderly patient in need of milk feeds can save up to $2,000 a year.
Medifund will be topped up by $1 billion, bringing the total fund size to $4 billion.