Just the other day, had a group chat with a bunch of peer financial bloggers and one of the topic that we briefly discussed is about the upcoming Medishield Life launch. Apparently, it seems like many of the public are still quite hazy about Medishield Life and what's in it for them! It is understandable as it is kind of a complicated scheme. Without going into too much of the details, on the high level, you just need to know that Medishield Life is :

1. A revamp of the existing Medishield scheme with enhanced benefits/coverage (with higher premium, of course). It is administered by CPF Board. 
2. A compulsory national Medical Insurance scheme which cater to cover up to Class B2 Ward, Restructured Hospitals (5-6 bedded shared room). 
3. You can pay all your Medishield Life premium using your Medisave amount.
4. It covers all illness/condition ...

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