8. Amount of premium

The premium for each insurance period of an insured person’s MediShield Life cover is determined according to the following formula:A + B – C,where Ais the standard premium specified on the website at https://www.moh.gov.sg applicable to the insured person for that insurance period;Bis the amount of premium loading applicable to the insured person and payable as premium for that insurance period under regulation 9, if any; andCis the premium rebate specified on the website at https://www.moh.gov.sg applicable to the insured person for that insurance period, if any.