Personal Finance
1 Minute CPF Guide: Everything You Need To Know About MediShield Life
By Seedly  •  November 18, 2019

The flu bug has been going around recently, and about half of Seedly’s content team is down with a very potent flu. For us, we were rather fortunate to be covered by the company’s medical insurance, but for those who aren’t covered by any basic health insurance, medical fees can be very costly.

Did you know that all Singaporeans and PR are covered under a basic medical insurance plan called MediShield Life?

For the uninitiated, here’s a quick one minute guide on all you need to know about Singapore’s MediShield Life!

TL;DR: A One-Minute Guide To Singapore’s MediShield Life

What Is MediShield Life?

MediShield Life is a basic medical insurance plan all Singaporeans and PRs are automatically enrolled in. It serves as a basic health insurance, where you can make claims for certain medical bills, including hospitalisation and certain types of outpatient treatment.

This insurance plan is structured so that

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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