Increase of Medisave Withdrawal Limits for MediShield and Integrated Shield plans

Earlier this year, Medishield was enhanced to include the following:

  • The elderly will benefit from extended MediShield coverage up to the age of 90 years old. However, Class B2 and C ward deductibles will also go up moderately by $500 for those aged 80 and below.
  • Coverage will be extended to those receiving inpatient psychiatric treatment. They will be able to use up to $100 per day, up to 35 days in a year. Patients will also be able to use MediShield to cover short-stay wards in the emergency departments.
  • The policy year and lifetime limits will also be increased, from $50,000 to $70,000, and from $200,000 to $300,000, respectively.
  • The MediShield maximum entry age of 75 will also be removed, to enable healthy uninsured elderly to obtain coverage.

But the benefits come with costs. Both the premium of Medishield and Medisave-approved Integrated Insurance Plans have increased premium significantly.

With effect from 1 November 2013, Ministry of Health will increase the withdrawal limits of Medisave for payment of premiums for Medisave-approved Integrated Insurance Plans
The new limits are summarized as below for your easy reference:
Age Group

(age next birthday)
Current
Revised with effect from 1 November 2013
60 and below $800 $800

(no change)
61 – 65
66 – 70 $1,000

(increase of $200)
71 – 73
74 – 75
76 – 78 $1,000 $1,200

(increase of $200)
79 – 80
81 – 83 $1,200 $1,400

(increase of $200)
84 – 85
85 – 90
91 and above

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