Singapore legislation
Regulation 5
of Medi Shield Life Scheme (Private Medical Insurance Scheme) Regulations 2015
Regulation 5
Withdrawal limits
Subregulation 1
The maximum amount that may be withdrawn under regulation 4(1) from a CPF member’s medisave account to pay the premium —
for the additional private insurance coverage under an integrated shield plan, is the medisave withdrawal limit specified in the First Schedule; and
for a non-integrated shield plan, is the medisave withdrawal limit specified in the Second Schedule.
Subregulation 2
The First Schedule does not apply to the insurance period, commencing on 1 November 2015, of an integrated shield plan which continues an integrated medical insurance plan under regulation 12(1).
Subregulation 3
The Second Schedule does not apply to the insurance period, commencing on 1 November 2015, of a non-integrated shield plan which continues an integrated medical insurance plan under regulation 12(3)(ii).
Subregulation 4
Despite the withdrawal limits in paragraph (1), the Board may, on or after a CPF member’s death, permit withdrawals under section 16A of the CPF Act from the CPF member’s medisave account for the payment of such premiums in excess of those withdrawal limits.