MediShield Life premiums have to go up to keep fund solvent: Koh

Singapore

MEDISHIELD Life premiums must rise so that the fund remains solvent and sustainable, while subsidies and support are in place for those with difficulty paying, said Senior Minister of State for Health Koh Poh Koon, who noted that more than a third of MediShield Life premiums are paid by the government.

Speaking in Parliament on Monday, he said that the government had considered deferring the recent review of the scheme and the upcoming increases in premiums, given the tough economic conditions during the Covid-19 pandemic.