CareShield Life will be universal and mandatory for all Singapore Citizens and Permanent Residents born in 1980 or later. This will ensure that all Singaporeans, including those who are more vulnerable (e.g. the lower-income and those with pre-existing severe disabilities), have basic protection for long-term care needs.

A universal scheme allows those with pre-existing disabilities, who will otherwise not be able to enjoy coverage, to be included. If the scheme is optional, vulnerable groups like the low-income may also drop out of the scheme because of an inability to pay. Some low-income insureds do have their ElderShield policies lapse as the years pass as they are not able to make their premium payments.

Including these groups strengthens our social compact and is consistent with our values as an inclusive and caring society. Many Singaporeans who were engaged in earlier focus groups discussions recognised its merit and supported this approach.

Under CareShield Life, the Government will support Singaporeans who are unable to afford their premiums, so that no one will lose their coverage due to financial difficulties.