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Keeping with the festive spirit, this issue is all about gifting. From affordable healthcare with MediShield Life to professional tips on tax relief and a personalised round-up of your CPF benefits, this issue’s features were specially crafted to gift you peace of mind from costly healthcare, joy from tax dollars saved and excitement at a whole new year of CPF benefits looking your way.
Every Singaporean now has a health insurance policy, thanks to MediShield Life. If you or your family happen to incur large medical bills, you would now enjoy some form of financial protection. This includes hospitalisation bills and costly outpatient treatments such as dialysis and chemotherapy. We’ve rounded up five important things you should know about MediShield Life and its coverage.
Since the launch of MediShield Life, we’ve heard public discussions on whether the premiums would be costly to the average Singaporean. The short answer is: no, as substantial support and subsidies have been set in place to keep premiums affordable for all. Find out just how affordable is affordable.
Managing the team who implemented MediShield Life is our very own Zhijia. She is the mechanic responsible for oiling the gears, and making sure all Singaporeans get the medical coverage they deserve. Although MediShield Life has been rolled out, her work does not end. She tells us about what happens behind the scenes and shares her best memories.
Before the year comes to an end, check out our interview with Ms Wu Soo Mee, a professional tax planner, for some timely advice on how you can maximise your tax benefit now to reduce tax payable in 2016. Taking a little time to understand the system today can save you a pretty penny come tax season next year!
Speaking of the new year, we want to start your 2016 in good cheer by highlighting all the CPF benefits you can look forward to. If you recall the various CPF enhancements announced at different points this year, you may be wondering — which are relevant to me? Our team has developed an interactive tool which tells you the benefits you can enjoy based on your age. Try it now!
Brenda Chai, Editor