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According to the latest MediShield Life premium table published by the Ministry of Health, Prime Minister Lee Hsien Loong will be raising the premiums by at least 97% for the low income aged between 31 to 40. The group is currently paying S$118 a year after subsidies, but the amount will nearly double to S$233 in 2019.
The subsidised premiums for elderly aged 74 years old and above will stay the same, but everyone under the age of 74 saw hefty premium increases in MediShield Life. The group that pays the most are aged between 21 to 30 years old, who will see their premiums double from S$74 to S$146 a year.
Singapore’s dictator Prime Minister Lee Hsien Loong is currently desperate for more tax revenues and funding due to his ambitious Terminal 5 project, that to-date has a projected cost of S$30 billion. The Singapore government is currently in undisclosed debts, estimated at S$15 billion, owing to state-owned companies and statutory boards.
More at https://tinyurI.com/ybcepzrx
The subsidised premiums for elderly aged 74 years old and above will stay the same, but everyone under the age of 74 saw hefty premium increases in MediShield Life. The group that pays the most are aged between 21 to 30 years old, who will see their premiums double from S$74 to S$146 a year.
Singapore’s dictator Prime Minister Lee Hsien Loong is currently desperate for more tax revenues and funding due to his ambitious Terminal 5 project, that to-date has a projected cost of S$30 billion. The Singapore government is currently in undisclosed debts, estimated at S$15 billion, owing to state-owned companies and statutory boards.
More at https://tinyurI.com/ybcepzrx
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