Data on CPF LIFE Monthly Payout Recipients Aged 65 and above Paying Premiums in Cash Due to Insufficient MediSave Funds
Dennis Tan Lip Fong questioned the Coordinating Minister for Social Policies and Minister for Health regarding the number of Singapore citizens aged 65 and above receiving CPF LIFE payouts who are required to pay health insurance premiums in cash due to insufficient MediSave funds, and how many of these individuals pay over 50% of their payouts in premiums. Ong Ye Kung responded that the Ministry of Health does not track this data, but most seniors receiving CPF LIFE payouts are expected to have adequate MediSave balances for their premiums. The Government supports affordable premiums through various subsidies for different income groups and ensures coverage is maintained regardless of financial difficulties.