NTUC unveils proposals for MediShield Life
Recommendations cover deductibles, co-insurance rates
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Nisha Ramchandani
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[SINGAPORE] The National Trades Union Congress (NTUC) has released recommendations on what the new MediShield Life should incorporate to ensure healthcare remains affordable and accessible to Singaporeans.
MediShield Life, which is to be the enhanced version of the existing national health insurance scheme MediShield, will cover all Singaporeans for life when it is rolled out next year.
NTUC is considering standardising deductibles - the initial amount paid in a claim before a MediShield payout is tapped - across all ages. Currently, the deductible payable for those aged 80 and below for B2 Class wards and above as well as C Class wards is $2,000 and $1,500, respectively. In contrast, the deductibles for those aged 81 to 92 years - who are likely not working - is $3,000 and $2,000, respectively.
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