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I received a Final Reminder notification regarding my outstanding CareShield Life/MediShield Life premiums, will the amount payable still be increased?
The Final Reminder notification shows the amount of your outstanding CareShield Life/MediShield Life premiums as at the date sent.
Please pay your full outstanding premiums by the deadline indicated in the notification. Otherwise, the amount payable will increase as the Inland Revenue Authority of Singapore (IRAS) will impose compounded interest of 4% and penalties of up to 17% on your outstanding premiums. To do so, please click on the link below for the payment options.
This information is sourced from CPF.
Related questions
Will interest and penalties be imposed if I make partial payment for my outstanding MediShield Life or CareShield Life premiums before the IRAS deadline?
Can I still make payment for my outstanding MediShield Life/ CareShield Life premiums after the deadline stated in the Final Reminder notification?
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Why have I received a notice from the Inland Revenue Authority of Singapore (IRAS) informing me that I owe MediShield Life and/or CareShield Life premiums?
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What happens if I choose not to pay my outstanding MediShield Life and/or CareShield Life premiums?
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