If I have CareShield Life/ElderShield 300/ElderShield 400/IDAPE/Supplements or I am able to withdraw under MediSave Care, can I still qualify for ElderFund payouts?
The target group for ElderFund recipients are Singapore Citizens who are not eligible for CareShield Life, ElderShield and IDAPE, or are no longer active recipients of ElderShield and IDAPE. Our focus is also on benefitting Singapore Citizens who have low MediSave balances, which means that the amount that they are able to draw under MediSave Care will not be the full withdrawal limit of $200/month.
However, Singaporeans who are unable to meet their long-term care costs, even after receiving payouts under CareShield Life/ElderShield, MediSave Care (from himself or his spouse) or IDAPE, may be considered for ElderFund on a case-by-case basis.
If you have challenges meeting your long-term care needs, you should approach a medical social worker at your long-term care provider, or the Agency for Integrated Care (AIC) for more advice and assistance.
This information provided here is sourced from the MOH website.
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