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ElderShield panel floats idea of government managing the scheme

Friday, July 7, 2017 - 05:50

Currently, when Singaporeans are auto-enrolled for ElderShield at age 40, they are assigned to one of three private insurers administering the scheme. The three are Aviva, Great Eastern Life Assurance Company, and NTUC Income.


ONE possible model for ElderShield is to have the government manage the enhanced severe disability insurance scheme, the ElderShield Review Committee said on Thursday. The idea is based on some of the feedback that the committee received during focus group discussions.

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