25,000 with serious pre-existing conditions to pay additional MediShield Life premiums
They will bear 30% more in premiums for 10 years, then revert to normal rate: Ministry of Health
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Nisha Ramchandani
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Singapore
A TOTAL of 25,000 Singapore residents with serious pre-existing conditions will need to pay additional premiums for a 10-year period under MediShield Life, said the Ministry of Health (MOH). They will pay 30 per cent additional premiums for 10 years, after which they will pay the same standard premiums as others in their age group, irrespective of any future health conditions.
The national universal healthcare scheme will be rolled out on Nov 1 this year and will cover all Singaporeans and permanent residents for life, including those with pre-existing conditions that are not currently covered under MediShield. Medisave can be used to pay MediShield Life premiums, as well as the additional premiums.
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