In Parliament on 2 September 2019, Minister Gan Kim Yong spoke on how the Government was strengthening other financing sources of long-term care to complement CareShield Life and ElderShield, to better support Singaporeans with disability. This included the establishment of ElderFund in January 2020, and the extension of use of MediSave by allowing Singaporeans to withdraw cash from their own and spouses’ MediSave for their long-term care needs.
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In Parliament on 2 September 2019, Minister Gan Kim Yong spoke on how the Government was strengthening other financing sources of long-term care to complement CareShield Life and ElderShield, to better support Singaporeans with disability. This included the establishment of ElderFund in January 2020, and the extension of use of MediSave by allowing Singaporeans to withdraw cash from their own and spouses’ MediSave for their long-term care needs.
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