Will the 2024 increase in Annual Value (AV) impact my eligibility for CareShield Life Premium Subsidies?
The disbursement of social support schemes (e.g. CareShield Life Premium Subsidies, MediShield Life Premium Subsidies) will not be affected by the revision of Annual Values (AVs) in 2024 as AVs as of 2023 will be used to determine scheme eligibility in 2024. The Government will continue to review our social support schemes to ensure that Singaporeans in need of support receive it.
This information is sourced from MOH
Related questions
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?
What if I am not able to pay for my CareShield Life premiums?
Will the 2025 increase in Annual Value (AV) impact my eligibility for CareShield Life Premium Subsidies?
The Annual Value (AV) thresholds for means-tested MediShield Life / CareShield Life Premium Subsidies have been revised from 1 January 2025. How do I receive the updated premium subsidies?
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