What is the means-test Annual Value (AV) criteria as of 1 January 2024?
To ensure that Singaporeans with greater needs continue to receive support, the Government increased the AV thresholds used across social support schemes, including MediShield Life with effect from 1 January 2024, as follows:
| Existing AV thresholds for social support schemes | (New – from 1 January 2024) AV thresholds for social support schemes |
First AV Tier | Up to $13,000 | Up to $21,000 |
Second AV Tier | More than $13,000 and up to $21,000 | More than $21,000 and up to $25,000 |
The new AV criteria would be applied to relevant healthcare schemes that uses AV as a means-testing criteria. More information on the eligibility criteria for different healthcare schemes can be found on their respective websites.
This information is sourced from MOH
Related questions
Do I need to submit an application in January 2024 to be means-tested with the revised AV thresholds?
Will the 2024 increase in Annual Value (AV) impact my eligibility for CareShield Life Premium Subsidies?
The Annual Value (AV) thresholds for means-tested MediShield Life / CareShield Life Premium Subsidies have been revised from 1 January 2025. How do I receive the updated premium subsidies?
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