Singapore legislation
Regulation 3
Regulation 3
Transitional provisions for former ElderShield Scheme
Subregulation 1
This regulation applies to every individual insured under the former ElderShield Scheme immediately before the transfer date.
Subregulation 2
For the purposes of regulations 7, 16, 17, 18, 19, 20, 21 and 22 of the CareShield Life and Long‑Term Care (ElderShield Scheme) Regulations 2021 (G.N. No. S 810/2021), the premiums paid for the individual’s insurance cover under the former ElderShield Scheme are treated as premiums paid for the individual’s insurance cover under the ESH Scheme.
Subregulation 3
For the purposes of regulations 7, 26 and 27 of the CareShield Life and Long‑Term Care (ElderShield Scheme) Regulations 2021, the benefits paid to an individual insured under the former ElderShield Scheme and the duration for which the benefits were paid to the individual under the former ElderShield Scheme are treated as benefits paid to him or her, and the duration for which the benefits were paid to him or her under the ESH Scheme, respectively.
Subregulation 4
For the purposes of regulations 13, 14, 16 and 17 of the CareShield Life and Long‑Term Care (ElderShield Scheme) Regulations 2021, an authorisation by the Board under regulation 3(5) of the Central Provident Fund (Withdrawals for ElderShield Scheme) Regulations as in force immediately before the transfer date, for a CPF member to withdraw moneys standing to his or her credit in his or her medisave account in the Fund for the payment of a premium payable under the former ElderShield Scheme by his or her dependant who is insured under the former ElderShield Scheme, is treated as an approval under regulation 14 of the CareShield Life and Long‑Term Care (ElderShield Scheme) Regulations 2021 if —
the withdrawal is authorised by the Board before the transfer date; and
the CPF member is the only person authorised to pay the premiums for his or her dependant’s insurance cover under the former ElderShield Scheme immediately before the transfer date.
Subregulation 5
In paragraph (4), the terms and conditions (if any) imposed by the Board for the authorisation under regulation 3(5) of the Central Provident Fund (Withdrawals for ElderShield Scheme) Regulations as in force immediately before the transfer date, continue to apply to the approval under regulation 14 of the CareShield Life and Long‑Term Care (ElderShield Scheme) Regulations 2021.
Subregulation 6
For the purposes of regulations 16 and 17 of the CareShield Life and Long‑Term Care (ElderShield Scheme) Regulations 2021 —
a reference to a shortfall in the premiums payable in regulations 16(3)(c) and 17(3)(b)(ii) includes a shortfall in the premiums payable for the insured person’s insurance cover under the former ElderShield Scheme; and
moneys withdrawn from the relevant CPF member’s medisave account before the transfer date to pay a premium for the insured person’s insurance cover under the former ElderShield Scheme, are treated as moneys withdrawn from the relevant CPF member’s medisave account to pay a premium for the insured person’s insurance cover under the ESH Scheme.
Subregulation 7
For the purposes of regulation 17 of the CareShield Life and Long‑Term Care (ElderShield Scheme) Regulations 2021, a representation made to the Board, or information provided to the Board, by a relevant CPF member or a dependant of the relevant CPF member in connection with an application for payment of a premium for the insurance cover of the dependant under the former ElderShield Scheme to be deducted from the relevant CPF member’s medisave account, is treated as a representation made, or information provided, in connection with an application for payment of a premium for the insurance cover of the dependant under the ESH Scheme to be deducted from the relevant CPF member’s medisave account.
Subregulation 8
In this regulation, “relevant CPF member” has the meaning given by regulation 13 of the CareShield Life and Long‑Term Care (ElderShield Scheme) Regulations 2021.