More than $4 billion in government support as MediShield Life premiums go up

More than $4 billion in government support as MediShield Life premiums go up

The Straits Times - Singapore·2024-10-16 00:01

SINGAPORE - A package of $4.1 billion in support measures will be provided to Singaporeans to cushion the increases in premiums for MediShield Life, planned to go into effect progressively from April 2025.

Of that, $700 million will go to enhancing means-tested premium subsidies over three years, while $3.4 billion will be given to additional MediSave top-ups, the Ministry of Health (MOH) announced on Oct 15.

Premiums by March 2028.

……

Read full article on The Straits Times - Singapore

Singapore Government Health