The first deduction from your MediSave Account (MA) was for the renewal of your MediShield Life (MSHL) coverage, which is mandatory for all Singapore Citizens and Permanent Residents.
When you purchase an Integrated Shield Plan (IP), deductions were made for your IP, which comprises both the MSHL and additional private insurance components.
Since you have paid for your MSHL renewal, you will receive a pro-rated refund of the unused MSHL premiums for the remaining policy year.
For example, your MSHL coverage period was 1 January 2025 to 31 December 2025 and the annual MSHL premium of $435 was deducted in January 2025. You subsequently purchased an IP in February 2025 with an annual premium of $1,035. After you purchase the IP, the unused premium from your MSHL coverage of $398.75, will be refunded back to your MA.
*PMI = Additional private insurance coverage portion of an Integrated Shield Plan
