What if I have an Integrated Shield Plan (IP), does the 30% Additional Premiums apply to my entire IP Premiums?
Integrated Shield Plans (IPs) consist of 2 components – the MediShield component, sized for Class B2/C ward, administered by the Central Provident Fund Board and the additional private insurance component for Class B1/A wards and private hospital stays, administered by private insurers. From 1 Nov 2015, MediShield Life will replace the MediShield component in IPs.
The 30% Additional Premiums only applies to the MediShield Life component of your IP premiums.
For the additional private insurance component, IP insurers will separately assess whether to introduce exclusions or risk-loading (i.e., higher than the standard premiums) for those with pre-existing conditions.
This information is sourced from MOH
Related questions
I already have an Integrated Shield Plan. How is MediShield Life relevant to me?
I already have an Integrated Shield Plan. How is MediShield Life relevant to me?
Will my Integrated Shield Plan premiums be affected by the increase in MediShield Life premiums?
Why have my Integrated Shield Plan premiums increased?
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