Do you have S$9k in your Medisave?
Posted on Tuesday, April 29th, 2008 | In Current Market News, Singapore
Contributed by: Wayne Koh (http://waynekoh.com) -
If you have, then you most probably have enough to last to pay for an “as-charged” private medical insurance plan (approved by Ministry of Health) til age 65. This is calculated on the following basis:-
a) that CPF interest rates for Medisave account remains about 4% p.a for the next few decades;
b) that premiums for the private medical insurance plans do not increase substantially as a result
Last 5 posts by Wayne Koh
- Last Run for SRS - December 9th, 2008
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Tags for this Post:
9k, Current Market News, Decades, Insurance, interest-rates, Medical Insurance Plan, Medical Insurance Plans, Medisave, Ministry Of Health, Premiums, Private Medical Insurance, Singapore
9k, Current Market News, Decades, Insurance, interest-rates, Medical Insurance Plan, Medical Insurance Plans, Medisave, Ministry Of Health, Premiums, Private Medical Insurance, Singapore
 About Wayne Koh (http://waynekoh.com)
Financial Advisory Consultant, Phillip Capital Singapore |
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