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How much more premium rebates will Singapore Residents get in old age, with premiums distributed more evenly over our lifetime?
Please click here (https://www.moh.gov.sg/managing-expenses/schemes-and-subsidies/medishield-life/premium-rebates) for more information on the enhanced premium rebate table applicable to incoming cohorts.
The scheme is designed such that younger policyholders who pre-pay more during their working ages will receive greater premium rebates. This will help to offset more of old-age premiums for their generation.
Related questions
What does distributing premiums more evenly over our lifetime refer to? Why is there a need to distribute premiums more evenly over our lifetime under MediShield Life?
Why did I not receive any premium rebates?
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How much will my premiums be once the premium changes take effect, and how much would it increase by?
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