Will overseas Singaporeans who relocate back to Singapore be eligible for the subsidies for all premiums?
Overseas Singaporeans approved for suspension of premium collection will be treated similar to other Singaporeans and receive all prevailing subsidies, if eligible. They will automatically receive Pioneer Generation Subsidies and Transitional Subsidies for the applicable policy years. They will receive Premium Subsidies if they apply and submit sufficient documentation for MOH to assess their eligibility for Premium Subsidies prior to the applicable policy year. These subsidies will be factored into the total net amount to be paid should the overseas Singaporean relocate back to Singapore.
Besides subsidies, financial assistance may be available on a case by case basis upon return and the Insured may apply for assessment.
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