Tag Archives: medishield life

Downgrade to standard Integrated Shield Plan? Balance benefits and savings first.

With the launch of the standard Integrated Shield Plan (IP) plan come 1 May 2016, Singaporeans will have another affordable option for their healthcare needs. All the 6 health insurers – Aviva, AIA, AXA Life, Great Eastern, Prudential, NTUC Income – will offer this plan that provides coverage on top of Medishield Life (ML). The… Read More »

New Medisave Withdrawal Limits Will Mean Less Medisave for Integrated Shield Plan

Just when we have gotten more people interested to upgrade their Medishield or lower tier plans, the government announced that new Medisave withdrawal limits will apply for private integrated shield plans. Currently, the Medisave withdrawal limits for integrated shield plan are: $800 per policy, per year, for those aged 65 and below next birthday; $1,000… Read More »

CPF Highlights from MOH: 5 Changes to CPF Medisave

The Ministry of Health has announced much awaited improvements to Medisave as reported in the Straits Times and Business Times on 13 March 2015. 1. Four more chronic conditions that can be treated using Medisave from 1 June 2015 This would bring the total number of conditions covered by Medisave under the Chronic Disease Management… Read More »

Should You Continue with Your Integrated Shield Plan?

When changes to the current Medishield were announced last year, I was asked by a number of people whether it makes sense to give up on their medisave approved integrated shield plan and just go with the ‘new and improved’ Medishield Life. Before we look at the differences between the two, let’s first understand what Medishield… Read More »