SINGAPORE — About 300,000 Pioneer Generation seniors will receive MediSave top-ups amounting to a total of more than S$150 million next month, the Ministry of Finance said on Friday .The MediSave top-ups are provided in addition to the annual GST Voucher-MediSave top-ups given to eligible Singaporeans aged 65 and above.
MediSave can be used to pay the premiums for MediShield Life, CareShield Life, ElderShield and other MediSave-approved insurance plans, as well as medical expenses such as hospitalisation, day surgeries and selected outpatient treatments.But older seniors — aged 85 and above in 2024 — who have serious pre-existing conditions will receive further top-ups of S$50 to S$200 per year from 2021 to 2025 to help pay their MediShield Life premiums, the Finance Ministry added.
“Together with the special premium subsidies, these annual MediSave top-ups will continue to support the affordability of MediShield Life premiums for all Pioneers,” said MOF. Pioneer Generation seniors who have downloaded and completed their one-time set-up on the Singpass application will receive the top-up notifications in their app inbox by June 11, informing them of the amount they would be eligible for.
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