MEDISAVE AND MEDISHIELD
Parliament of Singapore · 21 March 1994 · 8th Parliament
Official Report, 21 March 1994, Vol 62, Issue 16 · Open in the reader (summaries, search, filters)
Dr Kanwaljit Soin asked the Minister for Health (a) what percentage of Medisave account holders have subscribed to MediShield; (b) what percentage of MediShield account holders have been reimbursed; (c) how many dependants of these Medisave account holders have been reimbursed for MediShield; (d) how many account holders are no longer covered by MediShield because they have claimed the maximum lifetime limit; (e) what is the total amount of money collected by MediShield each year from 1991 to 1993; and (f) how much is left in the MediShield scheme.
BG George Yong-Boon Yeo: (a) As at 31st December 1993, 88% of all eligible Medisave Account holders have subscribed to MediShield.
(b) 31,000 members have been reimbursed. This represents about 2% of total MediShield members.
(c) 6,100 members' dependants have been reimbursed.
(d) No member has reached the maximum life-time limit of $70,000.
(e) Premiums collected by MediShield for the period 1991 to 1993 are as follows: Year $ Million 1991 34 1992 38 1993 42
(f) As at 31st December 1993, MediShield has a balance of $122 million.
Source: Singapore Parliament Official Report (Hansard) for 21 March 1994. Republished on SGParliament.