The Ministry of Health provides long term care insurance schemes such as ElderShield and CareShield Life that offer basic financial protection for Singaporeans and PRs.
With the introduction of CareShield Life, this national scheme will progressively replace ElderShield from 2020. If you are born in between 1970 and 1979 (both inclusive), insured under ElderShield 400, and are not severely disabled, you will automatically be enrolled in CareShield Life in end-2021.
If you are born in 1969 or earlier, your participation in CareShield Life is optional, and you can choose to join CareShield Life from end 2021, regardless of your age, as long as you are not severely disabled.
More details on the upgrading/application process will be made available nearer to end-2021 from the Ministry of Health.