Coming 1 Dec 08, hospital bill in B2/C wards is expected to be covered by MediShield Scheme by up to 80%, up from the current 60% cap limit. This of course, comes with increase in premium, from less than $1 to $40 per month increase in premium. The new premium is shown in the table below.

Age (Next Birthday) Current Annual Premiums Revised Annual Premiums
< 30 30 33
31 – 40 40 54
41-50 80 114
51 – 60 160 225
61 – 65 225 332
66 – 70 265 372
71 – 73 335 390
74 – 75 375 462
76 – 78 420 524
79 – 80 510 615
81 – 83 600 1087
84 – 85 705 1123

The annual Medisave withdrawal limit will be raised to $1,150 for policyholders who are above 80 years old, while it still remains at $800 for the rest of the policyholders. Also, the Government will also be topping up the Medisave accounts in September 08 for those above 50 years old, which range from $150 to $550. The enhanced coverage for MediShield can be found at MOH website here.

For those people who are concerned about how to deal with the rising hospitalisation costs, please drop me an email for more infor.

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