Pioneer Generation Package: Difference between revisions
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===MediShield Life=== |
===MediShield Life=== |
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The Pioneer Generation will receive a special subsidy for their MediShield Life premiums starting from 40% of their premium at age 65, rising to 60% of their premium at age 90. The Pioneer Generation can expect an average of at least 50% subsidy over their lifetime.<ref>http://www.singaporebudget.gov.sg/data/budget_2014/download/annexb1.pdf</ref> |
The Pioneer Generation will receive a special subsidy for their MediShield Life premiums starting from 40% of their premium at age 65, rising to 60% of their premium at age 90. The Pioneer Generation can expect an average of at least 50% subsidy over their lifetime.<ref>http://www.singaporebudget.gov.sg/data/budget_2014/download/annexb1.pdf</ref> |
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{| class="wikitable" |
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! style="font-weight: bold;" | Age of Pioneers in 2014 |
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! style="font-weight: bold;" | Current Payables |
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! style="font-weight: bold;" | Annual Premiums Before Subsidies |
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! style="font-weight: bold;" | Pioneer Generation MediShield Life Subsidies |
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! style="font-weight: bold;" | Annual Payables after Subsidies |
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! style="font-weight: bold;" | Annual Payables after Subsidies and Medisave top-ups |
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|- |
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| style="text-align: center;" | 65 to 79 |
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| style="text-align: center;" | $540 - $1,123 |
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| style="text-align: center;" | $815 - $1,250 |
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| style="text-align: center;" | 40% - 55% |
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| style="text-align: center;" | $489 - $566 |
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| style="text-align: center;" | About half of current premiums or less ($0 - $291) |
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|- |
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| style="text-align: center;" | 80 & above |
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| style="text-align: center;" | $1,123 - $1,190 |
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| style="text-align: center;" | $1,250 - $1,530 |
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| style="text-align: center;" | 55% - 60% |
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| style="text-align: center;" | $566 - $615 |
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| style="text-align: center;" | Fully covered ($0) |
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|} |
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===Medisave Top-ups=== |
===Medisave Top-ups=== |
Revision as of 04:52, 15 March 2015
The Pioneer Generation Package is a SGD8 billion package, launched in 2014, to honour elderly Singaporeans for their contributions to Singapore. The package would cover around 450,000 Singaporeans, aged 65 and above, over a 20 year period.[1]
Coverage
The package covers Singaporea living Singaporeans who meet 2 criteria: i. Aged 16 and above in 1965 (born on or before 31 Dec 1949, which also means they are aged 65 and above in 2014); and ii. Obtained citizenship on or before 31 Dec 1986. [2]
Benefits
Outpatient Care
Additional 50% off subsidised services at polyclinics and Specialist Outpatient Clinics (Sep 2014).
Additional 50% off subsidised medications at polyclinics and Specialist Outpatient Clinics (Jan 2015).
Enjoy subsidies at participating GP and dental clinics under the Community Health Assist Scheme (CHAS). Do remember to bring your Pioneer Generation card along when visiting a CHAS clinic. To see the exact benefits, please click here. (Sep 2014) Cash of $1,200 a year for those with moderate to severe functional disabilities under the Pioneer Generation Disability Assistance Scheme. To find out more about the scheme and for latest updates, please click here. (Sep 2014)[3]
MediShield Life
The Pioneer Generation will receive a special subsidy for their MediShield Life premiums starting from 40% of their premium at age 65, rising to 60% of their premium at age 90. The Pioneer Generation can expect an average of at least 50% subsidy over their lifetime.[4]
Age of Pioneers in 2014 | Current Payables | Annual Premiums Before Subsidies | Pioneer Generation MediShield Life Subsidies | Annual Payables after Subsidies | Annual Payables after Subsidies and Medisave top-ups |
---|---|---|---|---|---|
65 to 79 | $540 - $1,123 | $815 - $1,250 | 40% - 55% | $489 - $566 | About half of current premiums or less ($0 - $291) |
80 & above | $1,123 - $1,190 | $1,250 - $1,530 | 55% - 60% | $566 - $615 | Fully covered ($0) |
Medisave Top-ups
Age in 2014 (Birth cohorts) | Amount per year (SGD) |
---|---|
65-69 | $200 |
70-74 | $400 |
75-79 | $600 |
80 and above | $800 |
- ^ https://www.moh.gov.sg/content/moh_web/home/costs_and_financing/schemes_subsidies/pioneer-generation-package.html
- ^ http://www.singaporebudget.gov.sg/data/budget_2014/download/annexb1.pdf
- ^ https://www.pioneers.sg/en-sg/Pages/Overview.aspx
- ^ http://www.singaporebudget.gov.sg/data/budget_2014/download/annexb1.pdf
- ^ http://www.singaporebudget.gov.sg/data/budget_2014/download/annexb1.pdf