Making A National Insurance Scheme More Inclusive and Accessible

  • First, we can organise existing schemes such that those with less severe forms of disability would still retain eligibility to some of the support schemes so that their needs can be better-met. For example, the criteria for Medisave withdrawal for long-term care needs could be relaxed to allow those with mild disabilities to start withdrawing, while the other schemes continue to have a higher bar.
  • Second, we can learn from existing schemes like Medifund and ComCare such that the level of financial support provided is tiered against the extent of care need — which in this case could be approximated by the extent of disability. For instance, CareShield Life payouts can start progressively when one is unable to complete one ADL independently, albeit with a smaller payout. Failing to do so means that CareShield Life in essence acts as a severe disability insurance — rather than the intended long-term care insurance.

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