I am a Pioneer Generation Member and have an Integrated Shield Plan, will I benefit from the MediShield Life subsidies?

Yes.
Integrated Shield Plans (IPs), are made up of (i) MediShield Life and (ii) an enhanced portion providing better benefits and/or higher coverage (in private or Class A/B1 wards in public hospitals). For those with IPs, the special Pioneer Generation MediShield Life subsidies will apply to the MediShield Life component of their IP premium.
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