Long Term Care Financing

Why do you need to plan for your future long-term care needs?

Singaporeans are living longer. However, this comes with the increased risk of becoming severely disabled, especially towards the end of life.

1 in 2 healthy Singaporeans aged 65 could become severely disabled in their lifetime, and may need long-term care. We need to plan for our future long-term care needs, but working out how much to save can be difficult given the uncertainty of long-term care costs. The median duration for which severely disabled Singapore residents could remain in disability is four years, but around 3 in 10 could remain in severe disability for 10 years or more.

We will need to plan ahead for our long-term care needs, without putting unnecessary burden on our families and caregivers.


What is severe disability?

“Severe disability” is the inability of an individual to perform three or more Activities of Daily Living (ADLs), with or without mobility aids (e.g. walking aids, wheelchair). This means that the individual will require the assistance of another person for the ADL.




The ability to wash in the bath or shower (including getting into and out of the bath or shower) or do a sponge/ bed bath.



The ability to put on, take off, secure and unfasten all garments and, as appropriate, any braces, artificial limbs or other surgical or medical appliances.



The ability to feed oneself food after it has been prepared and made available.



The ability to use the toilet or manage bowel and bladder function through the use of protective undergarments such as diapers, or surgical appliances if appropriate.

Walking or Moving Around


The ability to move indoors from room to room on level surfaces.



The ability to move from a bed to an upright chair or wheelchair, and vice versa.

How can you pay for your long-term care costs?

You can tap on a mix of financing sources to support the costs of long-term care:

Long-term Care Financing Schemes and Subsidies

 Government Subsidies in Eligible Facilities
 Home and community care  Residential services e.g. nursing home care
 Means-tested subsidy of up to 80%  Means-tested subsidy of up to 75%

Click here for the full subsidy tables.

Long-Term Care Financing Schemes

*New from end-2020* CareShield Life

A long-term care insurance scheme targeted at severe disability, that covers all Singaporeans born in 1980 or later, from age 30, regardless of pre-existing medical conditions or disability. It provides payouts starting at $600 per month for life, as long as the policyholder is severely disabled, and is an enhancement from the existing ElderShield scheme. Read more about CareShield Life here.


A long-term care insurance scheme targeted at severe disability which provides monthly payouts of $300 or $400 per month for 5 or 6 years.

*New from 31 Jan 2020* ElderFund

A new discretionary assistance scheme that provides up to $250 per month to severely disabled, lower-income Singapore Citizens aged 30 and above, who are not able to benefit from CareShield Life, ElderShield and Interim Disability Assistance Programme for the Elderly (IDAPE), and have low MediSave balances and inadequate savings to meet their long-term care needs.

For more information on ElderFund and details on how to apply, please click here.

*New from end-2020* MediSave Care

Cash withdrawals of up to $200 per month for severely disabled Singaporeans aged 30 and above. Withdrawals can be made from their own or their spouse's MediSave Accounts for their long-term care needs.

Log in here to check your MediSave balance.

Interim Disability Assistance Scheme (IDAPE)

Cash assistance of $150 or $250 per month for severely disabled Singaporeans who cannot join ElderShield in 2002 because of their age or pre-existing disabilities then.

Seniors’ Mobility and Enabling Fund (SMF)

Provides means-tested subsidies for assistive devices and home healthcare items for seniors who are living at home and with a qualified needs assessment.

Foreign Domestic Worker Levy Concession (FDWLC)

Lower levy of $60 per month for a family who hires a domestic worker to care for a patient, who always requires some assistance with at least 1 Activity of Daily Living.

Foreign Domestic Worker Grant (FDWG)

Means-tested scheme which provides cash payouts of $120 per month for a family to help offset the cost of hiring a foreign domestic worker to care for a disabled person who requires assistance with at least three out of six Activities of Daily Living.

Home Caregiving Grant (HCG)

Cash assistance of $200 per month to for the care of a patient at home, who always requires some assistance with at least 3 Activities of Daily Living. It will replace the existing Foreign Domestic Worker Grant (FDWG) and all existing FDWG beneficiaries will be automatically transited to the new HCG.

Caregivers Training Grant (CTG)

Annual subsidy of $200 that allows caregivers attend approved courses to better care for their loved ones.

Pioneer Disability Assistance Scheme (PioneerDAS)

Cash assistance of $100 per month for life, for moderately disabled Pioneers who always require assistance with at least 3 Activities of Daily Living.

Last Updated on 08 Jun 2020