The Ministry of Health (MOH) stated in May 2018 that CareShield Life, a national long-term care insurance program, will replace the current ElderShield scheme on October 1, 2020, for people born in 1980 or later. CareShield Life will make an effort ...
CareShield: Why Getting A CareShield Life Plan Should Be Done Earlier Than Later
It’s too easy to put off the need to claim the CareShield Life Scheme for people born before 1980. Each year you delay signing up, you lose the opportunity to reap higher payouts and increase the risk of burdening your children with financial res ...
CareShield: The Ultimate Guide (2022)
According to statistics, about half of Singapore’s population will be 65 or older by 2050. The government’s healthcare spending is expected to rise, and we must ensure that we can afford it. Yes, some government healthcare schemes, such as MediSa ...