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I am born in 1979 or earlier. Can I choose to receive the CareShield Life participation incentive as one lump sum?
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The participation incentive is meant to encourage those born in 1979 or earlier to join CareShield Life by helping to offset the annual premiums payable. As such, the Government has designed it to be spread over 10 years of premium payment.
This information provided here is sourced from the MOH website.
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