Premium & Subsidy Tables

31 Jul 2019

Premium & Subsidy Tables

Table 1: Premium Subsidies for Lower- to Middle-Income (Non-Pioneer Generation)*

MSHL Table 2

*Applicable for renewals from 1 September 2019
             

 

Table 2: Pioneer Generation Subsidies
Table 2 

 

Table 3: Merdeka Generation Subsidies*

MG Table

*Applicable for renewals from 1 Jul 2019
All Merdeka Generation members will also receive $200 a year in MediSave top-ups, every July for five years from 2019 to 2023. These top-ups can be used to further offset premiums. 


Table 4: MediShield Life Premiums for the Pioneer Generation

Table 3

All Pioneers will also receive annual Medisave top-ups, which range from $200 - $800 depending on birth cohort. These top-ups can be used to further offset premiums. 
1  Premiums are based on the indicative schedule of benefits and may be adjusted, such as for changes in healthcare costs. The Central Provident Fund (CPF) Board will provide written notification on the payable MediShield Life premium (after any applicable subsidies), before premium deduction. Actual premium payable may differ as figures have been rounded to the nearest dollar.
2  There will be an Additional Premium of 30% if the Pioneer has serious pre-existing conditions.

 

Table 5: MediShield & MediShield Life Premiums (Non-Pioneer Generation) in 2019/ 2020*

Table 5

*Applicable from 1 Nov 2019 to 31 Oct 2020
1 (a) These subsidy rates are applicable to Singapore Citizens who live in residences with an Annual Value of $13,000 or less. Those living in residences with an Annual Value between $13,001 and $21,000 will receive 10 percentage points less than these subsidy rates. Those living in residences with an Annual Value of above $21,000 or own multiple properties will not receive these subsidies.
(b) Table applies to Singapore Citizens. Permanent Residents receive half of the relevant subsidy rates applicable to Singapore Citizens.
* Premiums are based on the indicative schedule of benefits and may be adjusted, such as for changes in healthcare costs. The Central Provident Fund (CPF) Board will provide written notification on the payable MediShield Life premium (after any applicable subsidies), before premium deduction. Actual premium payable may differ as figures have been rounded to the nearest dollar.