Ministry of Health boosts Medisave withdrawal limits

Find out more about the new scheme.

According to a release, from 1 November 2013, the Ministry of Health (MOH) will be increasing the Medisave withdrawal limits for MediShield and Integrated Shield plans premiums as follows:

From $800 to $1,000 for those aged 66 to 75 (based on age next birthday);

From $1,000 to $1,200 for those aged 76 to 80 (based on age next birthday); and

From $1,200 to $1,400 for those aged 81 and above (based on age next birthday).

The Medisave withdrawal limits were already adjusted on 1 March 2013 to fully support the premiums for MediShield, and increase the support for the premiums of Integrated Shield plans offered by private insurers.

This further round of changes will enable Singaporeans to use more Medisave in paying for premiums for the private Integrated Shield plans.

The revised Medisave withdrawal limits will apply to all MediShield and Integrated Shield policies renewed or commenced from 1 November 2013. These changes will help Singaporeans better support their insurance premiums.