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Will the 2024 increase in Annual Value (AV) impact my eligibility for CareShield Life Premium Subsidies?

Updated by MOH

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.

Topics:

CareShield LifeCareShield Life Premiums and Government Support

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