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Medifund Silver, with a set up capital sum
of $500 million, was launched in November last year in restructured
hospitals and institutions. In 2007, a total of $6.1m has been disbursed
to these institutions to help needy patients under Medifund Silver. |
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In April 2008, Medifund Silver will also be
rolled out to the rest of the Medifund-approved institutions in the
Intermediate and Long-Term Care sector to benefit more elderly patients. |
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With an ageing population, the Ministry of
Health had decided to carve out a portion of Medifund as Medifund Silver
to deliver assistance to needy elderly patients in a more targeted
manner. |
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Any Singaporean 65 years or above can apply
for Medifund Silver which like Medifund serves as a safety net of last
resort to those who are unable to afford basic healthcare despite heavy
government subsidies, Medisave and MediShield. |
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In 2006, about one-third of the 290,000
beneficiaries of Medifund were over the age of 65. Demand for such
financial aid by elderly Singaporeans is expected to grow as the number
of Singaporeans over 65 years is estimated to grow to 336,400 by 2010. |
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Elderly needy patients who have problems
paying their medical bills can approach the Medical Social Workers of
Medifund-approved restructured hospitals, national centres for
assistance. Local Medifund committees at the approved hospitals and
institutions will decide on the appropriate level of assistance for the
applications. |
MINISTRY OF HEALTH
21 February 2008 |
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Source:
www.moh.gov.sg Press Release
21 Feb 2008 |
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