DPS Scheme, Eldershield and Incomeshield (integrated with Medishield) are 3 different government schemes using CPF that are often mistaken with one another.

1) Although you don’t have dependents, DPS scheme can give you a sum of money for expenses in cases of disability. Most of the times, people are disabled and may not even have the ability to work for income. At least this some of money can come in handy for them

2) Incomeshield Plan C is now known as basic Medishield whereas MB is now known as Incomeshield MB plan. These covers for hospitalisation bills only.

For Basic Medishield it is one of standard coverage all Singaporeans would have, esp for C wards

For those under Incomeshield MB plan, more benefits are covered and claimable amount is higher. However this is still insufficient as there is a capped limit for the claims. Advisable step to do is to upgrade your current incomeshield plan to an enhanced incomeshield plan with your financial planner for maximum hospital coverage

Also, what abouut income shield Plan c & MB? So messy.

mr Zhang
zhangsky@singmail.com