Premium Rebates

This page provides details on premium rebates under the MediShield Life Scheme, which helps distribute premiums more evenly throughout one's life and ensures old-age premiums are more affordable.

Last updated 2 May 2025

Under MediShield Life, we pay premiums ahead during our working ages, and in return enjoy premium rebates during our older ages. This helps to distribute premiums more evenly throughout one's life and moderate the premium increases during the older ages when one becomes less economically active.

The premium rebates you receive depend on how long you have been insured under the scheme. The earlier you join the scheme, the higher the premium rebates you will receive.

The premium rebates can be found in the following tables:

Premium Rebates Table (Applicable to those born before 1950)

Age of Entry	Premium Rebate Amount per year, by Age Band ($)
Age of Entry	71 - 73	74 - 75	76 - 78	79 - 80	81 - 83	84 - 85	86 - 90
41 - 50	82	97	173	208	228	236	236
51 - 60	41	48	86	104	114	118	118

Note: Figures are indicative. Premium rebates will be adjusted from time to time in line with the experience of the scheme.

Premium Rebates Table (Applicable to those born in or after 1950)

Age of Entry	Premium Rebate Amount per year, by Age Band ($)
Age of Entry	66 - 70	71 - 73	74 - 75	76 - 78	79 - 80	81 - 83	84 - 85	86 - 90
<31	64	141	244	345	415	583	640	712
31 - 40	54	106	183	259	312	438	480	534
41 - 50	48	71	122	173	208	292	319	356
51 - 60	40	40	61	86	104	146	160	178
61 - 70	N.A.	16	44	67	85	95	102	120

Note: Figures are indicative. Premium rebates will be adjusted from time to time in line with the experience of the scheme.