Health Insurance

ElderShield Plan

Web Forms
Basic ElderShield 300	Other Forms
Basic ElderShield 300 Policy Document	Application Form Alteration Form Opt Out/Termination Form Re-instatement Form Claim Form Appointed Assessors Change of Premium Payment Method
Basic ElderShield 400
Basic ElderShield 400 Info Booklet Basic ElderShield 400 Info Booklet (Upgrade)
PrimeShield
PrimeShield Policy Document PrimeShield Product Summary PrimeShield Printed Brochure

ElderShield is an insurance scheme introduced by the Ministry of Health (MOH) to provide financial help to those who are unable to take care of themselves because of severe disabilities.

As many as 1 in 12 elderly persons suffer from disabilities as a result of aging and illness which make them incapable of doing simple everyday activities. These people need long term care which can be expensive and may require financial help.

ElderShield provides a cash payout of every month to those who are severely disabled, those who are not able to do 3 or more of the following Activities of Daily Living - washing, feeding, dressing, toileting, mobility and transferring.

This sum of money will reduce the financial burden of patients and their families as it can be used to pay for nursing and medical care at home or in institutions.

Increased coverage after 30 September 2007 - Basic ElderShield 400

Under the Basic ElderShield 400, you will receive an increased monthly cash payout of $400 should you become "severely disabled". You can draw this sum of money for up to 72 months.

Basic ElderShield 300	Basic ElderShield 400
Insured before 29.09.2007	Insured after 30.09.2007
Monthly benefit of $300	Monthly benefit of $400
Benefit payout period of 60 months	Benefit payout period of 72 months
Can apply for PrimeShield	Can apply for PrimeShield

Premium

ElderShield premiums are affordable and can be deducted from the policyholder's Medisave account or the accounts of their spouse, parents, children or grandchildren. Premiums can also be paid in Cash, Cheque or Giro.

During the initial launch on 30 September 2002, persons between 40 and 55 years old will pay yearly premiums until 65 years old under the Regular Premium Plan. Those between 56 and 69 years old can pay premiums over 10 years under the 10-Year Premium Plan, and Singapore Citizens will also receive premium subsidies from the Government.