IncomeShield

IncomeShield

A medical insurance that covers hospital and surgical expenses and can be paid with your Medisave account.

IncomeShield Yearly Premium Rates for insured person who is a Singaporean Citizen or Permanent Resident

Age Next Birthday
[1]
MediShield Life Premiums
(Fully payable by
Medisave)[2]
Additional Withdrawal Limits (AWLs) Addtional private insurance coverage
IncomeShield
Plan P Plan A Plan B - SG Plan B - PR Plan C - SG Plan C - PR
Prem
-iums
Cash  outlay[3] Prem
-iums
Cash  outlay[3] Prem
-iums
 
Cash  outlay[3] Prem
-iums
Cash  outlay[3] Prem-iums Cash  outlay[3] Prem
-iums
Cash  outlay[3]
1 to 18 $130 $300 $131 - $57 - $28 - $34 - $12 - $18 -
19 to 20 $130 $179 - $74 - $54 - $62 - $29 - $36 -
21 to 30 $195 $163 - $58 - $38 - $46 - $13 - $20 -
31 to 35

$310

$232 - $84 - $53 - $64 - $16 - $25 -
36 to 40 $310 $243 - $90 - $62 - $74 - $25 - $35 -
41 to 45 $435 $600 $327 - $166 - $87 - $107 - $31 - $47 -
46 to 50 $435 $382 - $178 - $112 - $133 - $45 - $62 -
51 to 55 $630 $483 - $240 - $85 - $103 - $63 - $72 -
56 to 60 $630 $512 - $257 - $95 - $113 - $72 - $81 -
61 to 65 $755 $882 $282 $413 - $185 - $219 - $91 - $124 -
66 to 70 $815 $1,294 $694 $652 $52 $380 - $450 - $113 - $154 -
71 to 73 $885 $900 $1,895 $995 $926 $26 $529 - $631 - $155 - $206 -
74 to 75 $975

$2,230

$1,330 $1,105 $205 $603 - $721 - $184 - $240 -
76 to 78 $1,130 $2,635 $1,735 $1,355 $455 $725 - $874 - $211 - $277 -
79 to 80

$1,175

$2,959 $2,059 $1,547 $647 $736 - $892 - $253 - $330 -
81 to 83 $1,250 $2,722 $1,822 $1,417 $517 $498 - $660 - $205 - $269 -
84 to 85 $1,430 $3,136 $2,236 $1,706 $806 $704 - $831 - $212 - $276 -
86 to 88 $1,500 $3,652 $2,752 $2,104 $1,204 $782 - $1,137 $237 $397 - $684 -
89 to 90 $1,500 $3,982 $3,082 $2,381 $1,481 $919 $19 $1,298 $398 $509 - $814 -
91 to 93 $1,530 $4,312 $3,412 $2,701 $1,801 $1,115 $215 $1,530 $630 $615 - $939 $39
94 to 95 $1,530 $4,721 $3,821 $3,033 $2,133 $1,368 $468 $1,829 $929 $727 - $1,072 $172
96 to 98

$1,530

$5,127 $4,227 $3,317 $2,417 $1,557 $657 $2,051 $1,151 $839 - $1,204 $304
99 to 100 $1,530 $5,480 $4,580 $3,553 $2,653 $1,730 $830 $2,256 $1,356 $944 $44 $1,328 $428
Over 100 $1,530 $5,777 $4,877 $3,753 $2,853 $1,917 $1,017 $2,476 $1,576 $1,085 $185 $1,495 $595

SG - Singaporean; PR - Singapore Permanent Resident

  1. The last entry age is 75, based on insured’s age next birthday, when cover starts.
  2. Your MediShield Life premiums may differ depending on your premium subsidies, premium rebates and whether you need to pay for the Additional Premiums. The net MediShield Life premium payable after accounting for these is fully payable by Medisave.
  3. This refers to the cash outlay if you are paying by Medisave (assuming you have sufficient monies in your Medisave account). If you are not paying by Medisave, your total cash outlay will be equal to MediShield Life Premiums + Premiums for Additional private insurance coverage. For example, for an insured person aged 30 (at next birthday) buying IncomeShield Plan P, the total premium = $195 + $163 = $358.

Premium rates are inclusive of 7% GST. The above premium rates apply to policies starting from 1 November 2015. You can pay premiums for the main plan by Medisave, cash, cheque or GIRO. Yearly premiums are based on the insured’s age at next birthday, and will increase when the insured reaches the next age band. Premium rates are non-guaranteed and may be reviewed from time to time.