June 4, 2012

Government will refine fundamentally sound health-care system: MOH


Source: Ministry of Health Singapore

There is broad consensus that our framework of government subsidies and the 3Ms - Medisave, MediShield and Medifund - is fundamentally sound.

Medisave is a personal savings scheme that helps individuals with their share of health-care costs, while MediShield is an insurance scheme that helps patients cope with large medical bills by risk pooling.

Medifund is a targeted government subsidy scheme to help the middle-lower income patients.

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We have announced in the Budget that coverage of MediShield, which already covers 92 per cent of Singaporeans, will be extended to members up to 90 years of age.

The ministry is also reviewing the extension of coverage to help meet the needs of other groups.

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