medishield life premium

January 23, 2024May 5, 2022 by

MediShield Life is a national healthcare insurance scheme that replaced MediShield on 1 November 2015. The scheme provides lifelong protection for all Singapore Citizens and Permanent Residents, including the very old and those who have pre-existing health conditions. As a basic health insurance plan administered by the Central Provident Fund (CPF) Board, MSHL helps to … Read more

What happens if I never pay my Medisave?

January 23, 2024January 21, 2021 by WebGuide

Dodging your CPF contributions not only helps unscrupulous employers, it can end up costing you a fortune. Some Singaporeans have found ways to avoid declaring their income, in order to avoid CPF contributions. Apart from being illegal (unless you’re self-employed), refusing to be part of the CPF “system” can cost you more money than you think. … Read more