Why is the Government revising the Per Capita Household Income (PCHI) / Annual Value (AV) thresholds for MediShield Life/CareShield Life Premium Subsidies?
The Government periodically reviews and updates the Per Capita Household Income (PCHI) and Annual Value (AV) thresholds used to determine subsidy levels and grant support, to ensure households with greater needs receive continued support. The latest revision aims to improve affordability and help more households receive the healthcare subsidies and grant support they need, taking into consideration changes in household incomes and property AVs.
This information is sourced from CPF
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