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Tuesday, January 15, 2013

S’poreans to receive up to S$400 Medisave top—up in March

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http://news.xin.msn.com/en/singapore/s%E2%80%99poreans-to-receive-up-to-sdollar400-medisave-top%E2%80%94up-in-march#scpshrtu

Singaporeans will enjoy a one—off Medisave top—up of up to S$400 in March this year to offset adjustments to their MediShield or Integrated Shield Plan premiums.

This was announced by the government in Budget 2012 to alleviate concerns over premium affordability given the increase in premiums.

Enhancements to MediShield will take effect from 1 March.

Among the changes — the policy year limit will be increased from S$50,000 to S$70,000, while lifetime limits will be raised from S$200,000 to S$300,000.

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