Do the MediSave contribution rates need to be increased because of the higher CareShield Life premiums?
The current MediSave contribution rates already allow most working households 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.
This information is sourced from MOH
Related questions
Did the Ministry of Health increase MediSave contribution rates due to the introduction of the Additional Withdrawal Limits?
How will those with no income (e.g. needy, not working) be able to afford the MediShield Life and CareShield Life premiums? What if they do not have enough MediSave or do not have a MediSave account?
Do the MediSave contribution rates need to be increased because of the higher premiums?
What is MediSave?
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