Do the MediSave contribution rates need to be increased because of the higher premiums?
The current MediSave contribution rates already allow most working households comprising individuals born in 1980 or later, and most working households comprising individuals born in 1979 or earlier, to pay for CareShield Life and MediShield Life premiums from their monthly MediSave contributions. The Government will continually review the MediSave contribution rates to ensure that they are adequate for the future healthcare needs of Singaporeans.
Related questions
What help can you get to pay your CareShield Life premiums?
I am born in 1980 or later and have pre-existing severe disabilities or medical conditions. Do I need to pay additional premiums like Medishield Life?
Do the MediSave contribution rates need to be increased because of the higher CareShield Life premiums?
Did the Ministry of Health increase MediSave contribution rates due to the introduction of the Additional Withdrawal Limits?
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