With around 15% of Singapore’s population aged 65 and above, healthcare for seniors has become a key focus for the country. To ensure that seniors have access to medical care and living assistance, the government has a series of subsidies and policies in place. Here is a summary of the schemes for the elderly, as of March 2022.

To Manage Medical Fees

1.   Careshield Life

Careshield Life is an insurance scheme for Singaporeans and permanent residents who become severely disabled, and need long-term personal and medical care. You will receive lifetime cash payouts, starting at S$600 per month. The amount increases over time. Singaporeans and permanent residents born in 1979 or earlier, and are not severely disabled can apply for the scheme here. Singaporeans and permanent residents born between 1970 and 1979 who are insured under ElderShield 400 scheme and are not severely disabled are auto-enrolled. Singaporeans and permanent residents born in 1980 or later are automatically covered....