Medishield Scheme From 1 Dec 08

Peter Lim — Fri, 07 Nov 2008 07:34:27 +0000

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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Medishield Scheme From 1 Dec 08