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How often will CareShield Life be reviewed?
CareShield Life’s premium and payout adjustments will be reviewed regularly to account for factors like changes in claims experience and longevity. The Government will be advised by the CareShield Life Council on appropriate adjustments in accordance with an actuarially sound adjustment framework to ensure relevance and sustainability of CareShield Life.
This information is sourced from MOH.
Related questions
I am born in 1979 or earlier. If I join CareShield Life, will I get premium rebates?
How often will the CareShield Life premiums increase?
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What are the measures that the Ministry of Health has put in place to prevent CareShield Life premiums from escalating drastically?
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