Hi Gabriel,
The government has stated this when Medishield Life first came out:
"No one will lose MediShield Life coverage because he/she is unable to pay for his/her premiums."
There are actually a large number of schemes available to assist.
There are government subsidies in the form of MediShield Life Premium Subsidies for the lower- to middle-income, Pioneer Generation Subsidies and Merdeka Generation Subsidies. Those who are less well-off will qualify for higher Government subsidies to reduce their premium payment.
We know that Medisave may be used to pay the full MediShield Life premiums. However, if an insured has insufficient MediSave or no MediSave account, family members such as parents, spouse and siblings can help to use their MediSave to pay for their premiums.
If policyholders do not have family support to help them with their MediShield Life premiums, they can tap on the Additional Premium Support. The Government will invite these individuals to apply for Additional Premium Support, and help them with the process if they are unable to do so themselves.
More details on the support schemes can be found here:
https://www.moh.gov.sg/cost-financing/healthcar...
I have yet to come across anyone who was unable to pay for Medishield Life premiums.
Hi Gabriel,
The government has stated this when Medishield Life first came out:
"No one will lose MediShield Life coverage because he/she is unable to pay for his/her premiums."
There are actually a large number of schemes available to assist.
There are government subsidies in the form of MediShield Life Premium Subsidies for the lower- to middle-income, Pioneer Generation Subsidies and Merdeka Generation Subsidies. Those who are less well-off will qualify for higher Government subsidies to reduce their premium payment.
We know that Medisave may be used to pay the full MediShield Life premiums. However, if an insured has insufficient MediSave or no MediSave account, family members such as parents, spouse and siblings can help to use their MediSave to pay for their premiums.
If policyholders do not have family support to help them with their MediShield Life premiums, they can tap on the Additional Premium Support. The Government will invite these individuals to apply for Additional Premium Support, and help them with the process if they are unable to do so themselves.
More details on the support schemes can be found here:
https://www.moh.gov.sg/cost-financing/healthcar...
I have yet to come across anyone who was unable to pay for Medishield Life premiums.