MediShield Life premiums increase with age as they are set in line with the risks for each age group. This is to avoid intergenerational cross-subsidy, where the young have to pay for the old. If premiums were not priced by age, they would keep escalating as a growing number of elderly would need to be supported by a decreasing number of younger members, imposing an increasing burden on future generations. Instead, the Government provides subsidies and premium assistance to those who are unable to afford their premiums.
Premiums may also be adjusted periodically to support enhancements to the scheme, such as expanded coverage and increased claim limits. From April 2025, premiums will increase upon policy renewal to support MediShield Life enhancements. You can refer to the
MediShield Life premium rate table for policy periods commencing or renewing on or after 1 April 2025.
For more information, visit the
MSHL 2024 Review page.
