SINGAPORE – Singaporeans from the Pioneer Generation will receive MediSave top-ups of $300 to $1,200 in mid-July.
This will amount to more than $145 million in total, said the Ministry of Finance (MOF) in a statement on June 9.
It added that more than 450,000 Pioneer Generation seniors – Singaporeans born in 1949 or earlier – have benefited from these top-ups since the launch of the package in 2014.
These top-ups can be used to pay the premiums for MediShield Life, CareShield Life, ElderShield and other MediSave-approved insurance plans, as well as for medical expenses such as hospitalisation, day surgical procedures and selected outpatient treatments.
The annual Pioneer Generation MediSave top-ups are provided in addition to the annual GST Voucher – MediSave top-ups for eligible Singaporeans aged 65 and above.
For the MediSave top-ups, Singaporeans born before or in 1934 will receive $1,200, and those born from 1935 to 1939 will get $700.
Singaporeans born from 1940 to 1944 will get $500, while those born from 1945 to 1949 will receive $300.
Read Full Article At Source
