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Why do I have to pay MediShield Life premiums?
cpf
Source: https://www.cpf.gov.sg/memberMediShield Life provides universal coverage to Singapore residents for life, regardless of their pre-existing health condition. Members uphold their collective responsibility by paying their premiums on time to ensure that MediShield Life is able to meet its commitments and pay out claims to its members.
Defaults on premium payment will translate to bad debts to the MediShield Life Fund and result in higher premiums for all.
This information provided here is sourced from the CPF website.
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