With universal coverage under the CareShield Life scheme, you are responsible for paying your CareShield Life premiums, as part of our overall collective responsibility in meeting our long-term care needs.

With Government support in the form of means-tested premium subsidies and Additional Premium Support, no one will lose CareShield Life coverage due to financial difficulties.

Premium defaults, if not fully settled, would lead to a bad debt for the scheme, and would need to be shouldered by other insureds in the form of higher premiums.

The Government will send notices and reminders to those who have not paid their premiums. Premium recovery measures, similar to those for MediShield Life, may be employed for the small minority who are able to pay but wilfully default on their premiums.

This information is sourced from MOH