Press Releases
MOH Statement on Revision to Annual Value (AV) Thresholds for MOH Schemes from 2024
30 November 2023
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The Ministry of Health (MOH) uses residential property Annual Value (AV) in conjunction with Per Capita Household Income (PCHI) for means-testing or as a proxy of means for individuals with no household income. This determines the amount of subsidy or financial assistance that individuals are eligible for when consuming inpatient, day surgery, outpatient and long-term care services, Community Health Assist Scheme (CHAS), as well as MediShield Life and CareShield Life premiums.
To ensure that Singaporeans with greater needs continue to receive support, the Ministry of Finance has announced on 30 November 2023 that the Government will increase the AV thresholds used across social support schemes with effect from 1 January 2024, as follows:
Table caption
Existing AV thresholds for social support schemes | (New – from 1 January 2024) AV thresholds for social support schemes | |
|---|---|---|
First AV Tier | Up to $13,000 | Up to $21,000 |
Second AV Tier | More than $13,000 and up to $21,000 | More than $21,000 and up to $25,000 |
Any change in subsidy or assistance arising from the AV changes will be automatically extended to the healthcare schemes. Existing CHAS cardholders who are eligible for a CHAS card with higher subsidies after the AV refresh will be automatically issued with new CHAS cards after 1 January 2024. No action is required from individuals.
Individuals who face difficulties with their healthcare bills after government subsidies may approach their healthcare providers for assistance.
Please refer to Annex for the illustration of the use of AV in determining eligibility for healthcare schemes.
MINISTRY OF HEALTH
30 NOVEMBER 2023