In end 2015, Medishield will be replaced by Medishield Life, and will offer:
- Better protection and higher payouts, so that patients pay less Medisave/cash for large hospital bills
- Protection For All Singapore Citizens and Permanent Residents, including the very old and those who have pre-existing illnesses
- Protection For Life
With better coverage, MediShield Life premiums will have to increase. You can use your Medisave to pay your premiums in full. The Government will also provide significant support to keep premiums affordable:
- Premium Subsidies for the lower- to middle-income;
- Pioneer Generation Subsidies for Pioneers;
- Transitional Subsidies to ease the shift to MediShield Life for Singapore Citizens; and
- Additional Premium Support for those who are unable to afford their premiums even after premium subsidies.