Will the Government administer both CareShield Life and the current ElderShield schemes?
The Government will work with the agencies, Central Provident Fund Board (CPFB) and the Agency for Integrated Care (AIC), to operationalise and administer CareShield Life and ElderShield schemes. These agencies have a good record in implementing insurance and long-term care support schemes.
This information is sourced from MOH
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