Transitional Subsidies
Transitional Subsidies for the first 4 years of MediShield Life are for all Singapore Citizens regardless of household income and Annual Value of residences. This to phase in the impact of the premium increases and is over and above Premium Subsidies and Pioneer Generation Subsidies. In the first year of MediShield Life in end 2015, the Government will pay for 90% of the net increase in premiums (after taking into account various subsidies). You will pay only 10% of the net increase from MediShield premiums. The Transitional Subsidies will be stepped down so that you pay 30%, 60% and 80% of the net increase in the second, third and fourth year of MediShield Life respectively.