Saturday, September 7, 2013

Medisave withdrawal limits for MediShield, Integrated Shield plans to go up

Medisave withdrawal limits for MediShield, Integrated Shield plans to go up

    POSTED: 06 Sep 2013 12:35 PM

From November 1, the Medisave withdrawal limits for MediShield and Integrated Shield plans will increase by S$200.

SINGAPORE: From November 1, the Medisave withdrawal limits for MediShield and Integrated Shield plans will increase by S$200.

The Ministry of Health said the increase will be applied across all age categories.

For those aged 66 to 75, the limit will go up from S$800 to S$1,000; for those aged 76 to 80, from S$1,000 to S$1,200; and for those aged 81 and above, from S$1,200 to S$1,400.

The Medisave withdrawal limits were already adjusted in March 2013 to fully support the premiums for MediShield, and increase the support for the premiums of Integrated Shield plans offered by private insurers.

This further round of changes will enable Singaporeans to use more Medisave in paying for premiums for the private Integrated Shield plans.

The revised Medisave withdrawal limits will apply to all MediShield and Integrated Shield policies renewed or starting from November 1.

- CNA/ac

- wong chee tat :)

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