I just mentioned Eldershield a few days. Now, the Government comes with a new plan called Careshield to replace the existing Eldershield. The entry age will be from 30 to 40. However, the premium for the Careshield Plan is expected to be higher than Eldershield. Please refer to the below websites for more details.
Based on the above websites, it appears that the Government is making the Careshield Plan compulsory for all the eligible Singaporeans from the age of 30 to 40 with effect from 2020.
As for my case, I just opted out of Eldershield recently. It is not compulsory for me to be enrolled in the Careshield given that my decision to opt out of Eldershield Scheme. As it stands, I continue to remain