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Are the increases in CareShield Life payouts and premiums fixed at 2% annually?

Updated by MOH

To provide greater assurance to Singaporeans, for the first five years of scheme implementation, payouts and premiums* will both increase by 2% per year.

*2% increase of premiums per year excludes GST.

This information is sourced from MOH.

Topics:

CareShield LifeCareShield Life Premiums and Government Support

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