Low payout on Medishield plan

There is a letter in the Straits Times on the low payout on Medishield plan. This appears to be caused by the pro-ration formula that is applied due to means testing.

I have written a letter to the St Times to urge the Minister for Health to review basic Medishield to remove the proration formula, and if necessary to raise the premium slightly for this situation. I urge the elderly people to stay on basic Medishield and avoid going to private Shield, as the premium and co-payment will be much higher under Private Shield.

Wait for my letter to be published. Meanwhile, you can read my FAQs on "Shield" or "Medishield" in Ask Mr. Tan

Tan Kin Lian