Criteria to Revise CPF Additional Withdrawal Limits for Integrated Shield Plans

Mr Pritam Singh asked the Coordinating Minister for Social Policies and Minister for Health what criteria determine the revision of the CPF Additional Withdrawal Limits (AWLs) threshold for Integrated Shield plans.

Premiums of our national health insurance scheme, such as MediShield Life, are fully payable by MediSave. As Integrated Shield Plans (IP) are optional, commercial products that provide additional coverage for unsubsidised care, MediSave use for IP premiums are capped by the Additional Withdrawal Limits (AWLs).

In considering enhancements to the AWLs, we would need to strike a balance between allowing Singaporeans to use more of their MediSave for private insurance while ensuring that they preserve adequate MediSave for other basic healthcare needs in the future.